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Is Archer aviation (AChR) a good stock to buy?

The company's heavy cash burn is concerning. The back half of 2024 has been a strong period for speculative high-growth stocks. Like dozens of these companies, Archer Aviation (ACHR 5.72%) is up over 100% in the past month, with its stock boost happening right around the United States presidential election.

Should you buy Archer aviation (AChR) in 2024?

The back half of 2024 has been a strong period for speculative high-growth stocks. Like dozens of these companies, Archer Aviation (NYSE: ACHR) is up over 100% in the past month, with its stock boost happening right around the United States presidential election.

Should you buy Archer aviation?

Investing in Archer Aviation isn't for the faint of heart. The company still has several hurdles it needs to clear before its aircraft are approved for commercial operations. The stock comes with significant risk, so conservative investors may want to avoid it for now.

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