ACHR - This Cathie Wood Electric Vehicle Stock Is Disrupting a $1 Trillion Industry According to Wall Street. Should You Buy?
2023-12-14 09:33:00 ET
When it comes to electric vehicles (EVs), most investors probably think of car companies such as Tesla and Rivian , and for good reason. EVs are becoming more popular across the globe.
But what if EVs weren't limited to the road? There are actually a number of companies investing heavily in electric air taxis, such as the Cathie Wood favorite Archer Aviation (NYSE: ACHR) . Wood is the CEO of Ark Invest, an investment management firm known for taking big bets on emerging technology.
While Archer Aviation's electric air taxis may sound like something from the future, the technology could be closer than you realize. With the stock trading below $10 per share , now could be a lucrative opportunity to buy into this little-known EV disruptor.
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This Cathie Wood Electric Vehicle Stock Is Disrupting a $1 Trillion Industry, According to Wall Street. Should You Buy?