Thinking of Buying Archer Aviation Stock? 3 Things You Should Know

One of the most exciting new technologies on the stock market these days is electric vertical takeoff and landing (eVTOL) aircraft. These vehicles, designed for short-distance urban transit, have the potential to disrupt the urban transportation market.Two companies are leading the charge in the development-stage technology: Archer Aviation (NYSE: ACHR) and Joby Aviation. Joby is the more valuable of the two companies with a market capitalization of $5 billion versus $2 billion for Archer Aviation. However, Archer has surged 61% in the last month as it signed a $500 million intended purchase agreement with Japan Airlines and it reported third-quarter results, showing momentum toward its commercial launch.If you're thinking about buying Archer Aviation stock after the rally, you're not alone, but let's take a step back and review three things you should know before you take the plunge.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool