If you have $1,000 to invest, the industrial sector is an attractive place to leave it for the next five to 10 years. From aerospace and defense to companies building the systems, equipment, and data centers for AI infrastructure, there has perhaps never been a more exciting time to invest in the industrial side of the modern economy. That said, if I had to single out one growth stock in this varied sector, I would pick Joby Aviation (NYSE: JOBY). Here's why. Joby Aviation is trying to build a flying taxi. Imagine a big drone you and a few friends can sit in that takes off straight from the ground, flies across the city over all the traffic, and lands you near where you want to go. That's what Joby's electric taxi aims to do. It's quiet, doesn't pollute while it flies, and could offer faster transportation than public transit and traditional ride-hailing.
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