This $10 Stock Could Be Your Ticket to Millionaire Status

Start-ups with low stock prices can be attractive for their potential to deliver explosive gains down the road. If we substitute "road" for "sky," Joby Aviation (NYSE: JOBY) could be one of those long-term winners.Joby is a frontrunner in the nascent electric vertical takeoff and landing (eVTOL) space, which is growing rapidly. By 2030, the eVTOL market is expected to reach $28.6 billion, representing a 54.9% compound annual growth rate (CAGR). Joby's aircraft is essentially a flying taxi. If you can imagine a big drone-like aircraft that you and a few friends can sit in, then you have a decent picture of what it's trying to build. These aircraft lift off and land vertically, making them perfect city hoppers, and they can fly over traffic, getting you to your destination in a fraction of the time.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool