The latest trading session saw AeroVironment (AVAV) ending at $199.77, denoting a +1.3% adjustment from its last day's close. The stock's change was more than the S&P 500's daily gain of 0.7%. Elsewhere, the Dow gained 0.01%, while the tech-heavy Nasdaq added 1.1%.Heading into today, shares of the maker of unmanned aircrafts had gained 26.71% over the past month, outpacing the Aerospace sector's gain of 2.74% and the S&P 500's gain of 4.03% in that time.The investment community will be closely monitoring th ...

Diy13/iStock via Getty Images Introduction I have invested 22% of my dividend growth portfolio in four defense contractors. This high-conviction investment is based on a number of factors, including deglobalization, rising global tensions, the need for innovation, mostly anti-cyclical demand, strong balance sheets, and fantastic track records of consistent dividend growth and buybacks. Leo Nelissen (Dividend Growth Portfolio) While I'm not worried about recessions or temporary budget headwinds, the bigg ...

PALM BEACH, Fla., May 07, 2024 (GLOBE NEWSWIRE) -- FinancialNewsMedia.com News Commentary - Military drones, operated autonomously, through remote control, or a combination of both, are equipped with sensors, electronic receivers and transmitters, and offensive ordnance. These drones play a crucial role in strategic and combat zone reconnaissance, intervening on the front lines by designating targets for precision guided munitions or directly deploying these munitions themselves. According to a report from ...

Cue the "Terminator" references. AeroVironment now has AI-powered military drones.Military drone manufacturer AeroVironment (AVAV 5.54%) shares gained 3.8% through 11 a.m. ET Tuesday, after the company announced a new artificial intelligence (AI) autonomy kit available for use on its unmanned aerial vehicles. You read that right: AeroVironment is now an artificial intelligence stock.AI drones for America -- and UkraineDesigned to "increase effectiveness of autonomous systems and reduce operator burdens," Ae ...

AeroVironment Inc. (AVAV) recently announced that it has entered into a teaming agreement with Parry Labs to enhance the development of the new P550 uncrewed aircraft system (UAS).The partnership enables the integration of advanced digital engineering, software and mission system hardware into the P550, suitable for the U.S. Army’s Long Range Reconnaissance (LRR) program.Significance of P550AeroVironment’s P550 UAS is purpose-built for LRR missions, equipped with advanced artificial intelligence and autonom ...

Though the artificial intelligence craze (AI) is slowing somewhat, there’s no doubt that advanced computing and AI-style offerings will continue driving innovation and market gains for years. But, though top AI stocks gather the most media and market attention, overlooked AI stocks are slowly building a foundation for rapid future growth.Finding these overlooked AI stocks tends to be tricky. They aren’t as “AI first” as most popular companies tend to be, i.e., they won’t plaster AI labels and jargon across ...

Sales are surging as the company's drones prove their value.Investors in AeroVironment (AVAV 1.04%) are seeing their confidence in the drone maker pay off, and still see plenty of potential up ahead. Shares of AeroVironment surged by 20.9% in March, according to data provided by S&P Global Market Intelligence, and hit a new all-time high after the company reported a strong quarter and boosted full-year guidance.Potential is turning into profitsAeroVironment makes unmanned aerial vehicles (UAVs) for the U.S. ...

As we navigate into a new era of technological innovation, the market for drone stocks is rapidly expanding. These stocks represent businesses effectively integrating drones into our daily lives, with use cases across multiple industries, including aerial photography, environmental monitoring and emergency response, among others.Additionally, the advent of 5G technology marks a critical moment for drone capabilities, offering higher speed, reduced latency and improved reliability. This leap in connectivity ...

No stock, no matter how well its underlying company might be doing, can soar high forever. So it was with soaring drone stock AeroVironment (AVAV -6.44%), whose price lost altitude at a more than 6% rate on Friday. A new analyst note was the main catalyst behind the drop, which was notably steeper than the 0.7% slip of the benchmark S&P 500 index.Recommendation cut from BairdWell before market open that day, Baird's Peter Arment downgraded his AeroVironment recommendation to neutral from his previous outper ...

Shares in drone manufacturer AeroVironment (AVAV -2.51%) rose a remarkable 38% in the week to Friday morning, according to data provided by S&P Global Market Intelligence. There's little debate over the reason for the move; it came from its third-quarter 2024 earnings report released on Monday.AeroVironment raises guidance, againAeroVironment's fiscal year finishes at the end of April.The company raised revenue guidance on every single earnings call through its financial year -- a testament to the strengthe ...