Think It's Too Late to Buy Archer Aviation? Here's the Biggest Reason Why There's Still Time.

For those who found Archer Aviation (NYSE: ACHR) flying onto their radars recently, the stock's rise has undoubtedly been noteworthy. Over the past six months, shares of the innovative air taxi stock have soared nearly 150% higher, while the S&P 500 has climbed about 14%. Consequently, prospective investors may feel that the time to land Archer stock in their portfolios has passed.But this is far too shortsighted. There's reason to believe that shares of Archer can ascend even more, gaining even higher altitudes.From receiving important Federal Aviation Administration (FAA) certifications to inking new deals in the United Arab Emirates (UAE), Archer Aviation has provided investors with plenty to celebrate in 2024, so it's unsurprising that shares of the electric vertical takeoff and landing (eVTOL) stock have raced higher. Should the company succeed at achieving its 2025 goals, it's likely that the stock will climb even higher into the wild blue yonder. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool