ACHR Outperforms Industry Over the Past 3 Months: Should You Buy?

Key Takeaways ACHR shares rose 4.4% in three months, beating its industry and sector.ACHR is building a Miami air taxi network and expanding via Saudi deals and a Karem technology partnership.ACHR trades at a P/B discount and sees improving earnings estimates despite certification and cost hurdles.Archer Aviation Inc.’s (ACHR) shares have gained 4.4% in the past three months, outperforming the Zacks Aerospace-Defense industry’s decline of 1.9% as well as the broader Zacks Aerospace sector’s decline of 1.5%. ...