Should You Buy Archer Aviation While It's Below $10?
Archer Aviation (NYSE: ACHR) is developing a promising business in electric vehicle take-off and landing (eVTOL) aircraft that will eventually include sales of its Midnight copter and an air taxi service.But the company has yet to sell any aircraft, and the taxi service is in the very early stages. The company's share price has also tumbled 14% year to date amid tariff and economic uncertainty.With Archer Aviation stock priced under $10 as of this writing, is it time to buy, or is it better to leave this stock alone for now? Despite its momentum, I think it's best to pass on Archer for now. Here's why.Continue reading
Archer Aviation (NYSE: ACHR) is developing a promising business in electric vehicle take-off and landing (eVTOL) aircraft that will eventually include sales of its Midnight copter and an air taxi service.
But the company has yet to sell any aircraft, and the taxi service is in the very early stages. The company's share price has also tumbled 14% year to date amid tariff and economic uncertainty.
With Archer Aviation stock priced under $10 as of this writing, is it time to buy, or is it better to leave this stock alone for now? Despite its momentum, I think it's best to pass on Archer for now. Here's why.
