Time to Buy the Dip on Archer Aviation Stock Below $10?

It has been decades since the world saw a true physical transportation innovation. Sure, Uber Technologies and Lyft -- and now Waymo -- have innovated in how we interact with cars, but people are still riding around in the same old type of vehicle (whether electric or internal combustion engine). Commercial planes were introduced after World War II, and the high-speed rail networks of Japan were actually invented in the 1960s.This may all change with electric air taxis and companies like Archer Aviation (NYSE: ACHR). The upstart company is building electric vertical takeoff and landing vehicles (eVTOLs) and plans to build an air taxi network to disrupt urban travel. In recent months, its stock has begun to dip, falling below its SPAC IPO price of $10.Does all this mean investors should buy the dip on this transportation disruptor before it goes parabolic?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool