1 Incredible Reason to Buy Archer Aviation Stock in November

Archer Aviation (NYSE: ACHR) is one of the leading companies in the electric vertical takeoff and landing (eVTOL) space.The company's flagship aircraft, the Midnight, is expected to fly four passengers and a pilot on short urban hops of about 100 miles. Its biggest market opportunity is also a driver's biggest vibe-killer: traffic. If it can put paying passengers in the air, it could capture a piece of this market, which Morgan Stanley values at about $9 trillion.Largely because Archer doesn't have regulatory approval to fly its aircraft, its stock has been volatile, with a 27% decline since hitting a high in early October. That pullback, however, may be giving long-term investors an entry point before the company takes off again.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool