Shark Bites: Drone Maker AeroVironment Lines Up for 'Doofus' Trade

AeroVironment (AVAV) has garnered some attention recently after accelerating higher at the end of last month. It has moving to its best levels in two years and to within spitting distance of all-time highs around $41.50.

In case you're not familiar, AVAV is primarily a provider of drones (unmanned aircraft systems, or UAS) and tactical missile systems to the U.S. Department of Defense. This segment accounted for 88.5% of revenues for fiscal year 2017 (ended April), with the remainder coming from its efficient energy systems segment (EES), which targets the growing demand for electric transportation solutions....323 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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