AeroVironment (AVAV)

[winston]

not vested

3 Tech Stocks Powered by Mega-Trends: AeroVironment (AVAV)

Mega-Trend: Drones
YTD Performance: 3.4%

Drones, which once seemed like either a faraway sci-fi dream or simply playthings for hobbyists, are (ahem) ascending rapidly with regards to applications and acceptance. In fact, the first FAA-approved drone delivery took place just this past Friday via Australian startup Flirtey.

And that’s just one proof point for the mega-trend; Fortune’s Clay Dillow recently pointed out that “companies that broker drone services could soon be the biggest players in the U.S. commercial drone economy.”

An Australian startup isn’t accessible for most investors, though, while a lot of drone-related companies are hardly pure plays.

Amazon (AMZN), which has been battling the FAA on drone delivery of late, is the first that comes to mind, but there are so many question marks and so many other revenue streams. GoPro (GPRO) is another example, but it’s a natural fit for the aforementioned hobbyist market as opposed to the commercial one.

If you’re hunting for a drone pure play, AeroVironment (AVAV) seems to be the best option out there, although the stock’s been sinking of late.

The drone-maker works with government agencies, businesses and consumers, including supplying organizations within the Defense Department and is likely to ride the drone mega-trend higher if this truly is just the beginning.

Source: Investor Place

[winston]

IT'S A BULL MARKET IN MILITARY DRONES

The message in today's chart is simple: The U.S. defense sector is going wild for drones...

Earlier this week, we recapped our stance on defense stocks. The U.S. spent around $600 billion on its military and defense budget in 2015 – more than the next nine highest-spending countries in the world combined.

Lately, the U.S. has been investing heavily in unmanned aerial vehicles, commonly known as drones.

We can see this trend in action by looking at shares of AeroVironment (AVAV). AeroVironment is the Pentagon's top supplier for small drones. This makes the company a great gauge of the country's demand for drones.

And as you can see below, drone sales to the U.S. defense sector are soaring. Shares of AVAV are up nearly 60% since last September – and just set a new 52-week high. Like it or not, it's a bull market in military drones...

Source: Daily Wealth

[winston]

not vested

AeroVironment Inc. (Nasdaq: AVAV) as the best public alternative for an EV charging station play.

In addition to EV chargers, AeroVironment makes remotely piloted drones.

I believe AeroVironment is the best and safest play at this point for EV charging solutions. There are other smaller competitors, but none worth investing in.

The company has developed EV stations for eight of the world's leading automakers.

Based on a 7.5% EV penetration rate of the annual 17 million light vehicle sales, AeroVironment believes the potential EV charging market is $1.3 billion.

Source: Energy & Resources Digest