In an interview on CNBC’s Mad Money, Wahid Nawabi said there is so much demand for the AeroVironment’s (AVAV) products globally that it will remain busy for the next decade. The company’s drones are “compelling” from a financial standpoint and work extremely well on the battlefield, he noted.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AVAV:
- AeroVironment upgraded to Buy at Jefferies after BlueHalo deal
- AeroVironment upgraded to Buy from Hold at Jefferies
- AeroVironment Announces $4.1 Billion BlueHalo Merger
- AeroVironment to acquire BlueHalo in all-stock transaction with EV $4.1B
- Jefferies aerospace & defense analysts hold analyst/industry conference call