AeroVironment, Inc. (NASDAQ:AVAV)
CAPS Rating:
The Company is engaged in the design, development and production of unmanned aircraft systems and energy technologies for various industries and governmental agencies.
The Company is engaged in the design, development and production of unmanned aircraft systems and energy technologies for various industries and governmental agencies.
Recs
Lots of ways to win here. Recovery from near term overreaction to the GlobalObserver crash should help n the near term. Takeout possibilities always provide upside, as small UAV is a growth area in an increasingly negative growth sector and the large defense primes have stated their interest. And the emerging electric vehicle charging business has a long attractive growth runway of its own. Tremendously strong balance sheet, talented management team, high ROIC business, just lots to like here.