Think It's Too Late to Buy Archer Aviation Stock? Here's the Biggest Reason Why There's Still Time.
Archer Aviation (NYSE: ACHR) stock has been on an incredibly hot streak lately. Thanks to a combination of bullish coverage from analysts, news about its commercial flight plans, and eye-catching news that the company is entering the defense industry, Archer Aviation stock is now up 291% over the last three months. But while the company's market capitalization has risen to nearly $5 billion, the company still isn't posting any revenue. With that kind of valuation and speculative outlook, it's not unreasonable to wonder whether Archer's stock has already flown too high for investors to score big wins.On the other hand, I think there's a very good chance that the company's share price can continue flying higher and delivering wins for long-term investors who buy shares at today's prices.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Quelle: MotleyFool
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