AeroVironment, Inc. (NASDAQ:AVAV)

CAPS Rating: 5 out of 5

The Company is engaged in the design, development and production of unmanned aircraft systems and energy technologies for various industries and governmental agencies.

Recs

1
Player Avatar Googlespooch (38.24) Submitted: 7/12/2013 3:49:36 PM : Outperform Start Price: $20.60 AVAV Score: +32.92

Drones are only getting more popular. We already extensively use drones in our combat zones (they're becoming more heavily utilized every day in war). With these types of drones (their Hummingbird and other small ones), cities like NYC and other major cities could utilize these in police actions (and general government spying). Of course, whether or not I agree with the Big Brother State is one thing... but it's another thing if it means money in your pocket. The company is trading at a decent valuation considering the prospective future for it and seems like an interesting play.

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