Published on 30 Nov 2023 on InvestorPlace via Yahoo Finance
3 Electric Aircraft Stocks Getting Ready to Take Flight
Electric aircraft stocks are igniting the investment world, marking a transformative era in aviation. The shift to electric propulsion, with its lower noise, emissions and operating costs, looks to be a game-changer. These stocks represent not just technological innovation but a revolution in how we perceive air travel.
Analysts predict the electric aircraft market will skyrocket from $8.8 billion in 2022 to an estimated $37.2 billion by 2030, fueled by an impressive compound annual growth rate of 19.8%. Investing in this burgeoning field is thrilling but requires a strategic mindset. Amidst its developmental phase, many stocks are undergoing correction and consolidation, a typical aftermath of a market rally. However, this scenario presents a shimmering opportunity for investors to identify and invest in these three stocks that are primed for a meteoric rise.
Joby Aviation (JOBY)