Is Archer Aviation Stock a Buy?

For decades, humans have imagined zooming through the sky in flying vehicles to whisk you away to wherever you need to go. That idea has yet to take off, but with modern technology, flying taxis are going from an idea of science fiction to a reality -- and it could be coming to a city near you soon.

Archer Aviation (NYSE: ACHR) is one of the pioneers of flying vehicles, and is one of the best-positioned companies to lead the charge in the budding economy. The company has made some serious headway, and regulators have also made progress in defining rules and regulations for this emerging form of travel. However, Archer Aviation is still a young company and has work to do before flying taxis are mainstream.

Here's what you should know if you're thinking about scooping up shares in the company today.

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Source Fool.com