After Soaring More Than 100% This Year, Is It Too Late to Invest in Joby Aviation Stock?
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One of the most exciting growth opportunities to invest in today is arguably in electric vertical take-off and landing aircraft (eVTOL). Not only are they environmentally friendly, they also have the potential to ease congestion in major cities while also enticing customers with a novel way to travel.A big company in that space today is Joby Aviation (NYSE: JOBY), which has experienced a surge in value this year. Heading into trading this week, its shares are up over 110%, with its valuation rising higher than $14 billion. With such strong gains already and a seemingly inflated valuation, is it too late to invest in this promising stock, or could Joby still be a solid addition to your portfolio today?Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Quelle: MotleyFool
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