This post is part of a series in which TheStockAdvisors.com asked financial experts to name their top stock pick if McCain or if Obama wins the election.
"If Barack Obama wins, look to AeroVironment (NASDAQ: AVAV), a company involved in both unmanned aerial vehicles (UAVs) and alternative energy solutions," says tech and science expert Gregg Early, editor of The Real Nanotech Investor.
"For Baby Boomers or aviation fans, the founders of the company were the people that brought us the Gossame
This post is part of a series in which TheStockAdvisors.com asked financial experts to name their top stock pick if McCain or if Obama wins the election.
Based on their campaign promises and party platforms
AeroVironment (NASDAQ: AVAV) is engaged in the design, development, and production of unmanned aircraft systems (UAS) and electric energy technologies for various industries and governmental agencies. The company's small aircraft are used by U.S. Department of Defense customers to deliver real-time reconnaissance, surveillance, and target acquisition to tactical operating units. Its electrical products include recharge systems for industrial vehicle batteries and pow
James Altucher has written about two potential wind power plays in a recent Financial Times article. The two stocks are AeroVironment (AVAV) and Otter Tail (OTTR). Yes, strange names, but Altucher mentions that these stocks interest him in part because his:
.... general approach when dealing with “hot topic of the day” type stocks is to look for back doors. Find stocks that have legitimate cash generating businesses, trade at cheap multiples and happen to be making serious moves in whatever the hot field is.
AeroVironment and Otter Tail certainly fit this description since they both have ot
AeroVironment (NASDAQ: AVAV) is engaged in the design, development and production of unmanned aircraft systems and electric energy technologies for various industries and governmental agencies. The company's small aircraft are used by U.S. Department of Defense customers to deliver real-time reconnaissance, surveillance, and target acquisition to tactical operating units. Its electrical products include recharge systems for industrial vehicle batteries and power proc
AVAV has been a stock I have been watching for a very long time. The company makes drone aircraft operated by remote controls. Look for them to become apart of the border patrol's fleet of vehicles. There are also possibilities that lasers can be mounted on the drones and protect planes from surface to air missiles.
The miltary contracts and probable FAA for unmanned planes is the growth story here. The battery technology business is growing at a smaller pace but there is even more opportunity with EV and hybrid cars. Keep an eye on wind technology for commercial and industrial buildings as another source of revenue. Also, this company was solid when it was private and has the benefit of Cal Tech brains behind its patents.
Data powered by QuoteMedia.
All Rights Reserved.
Data delayed 15 to 20 minutes unless otherwise indicated.
Terms of Use.
None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.
AVAV
About AeroVironment Inc.
- Answers.com
