Archer Aviation Inc. (ACHR): A Bull Case Theory

We came across a bullish thesis on Archer Aviation Inc. (ACHR) on wallstreetbets subreddit page by joprax. In this article, we will summarize the bulls’ thesis on ACHR. Archer Aviation Inc. shares were trading at $3.06 as of Oct 21^th. ACHR’s trailing P/E was 6.95 according to Yahoo Finance.

[caption id="attachment_1228746" align="aligncenter" width="768"] An aerial view of an urban skyline with a fleet of eVTOLs flying in formation.[/caption]

Archer Aviation (ACHR) is positioning itself as a leader in the emerging electric vertical takeoff and landing (eVTOL) industry, with...