AeroVironment Stock Rockets To New High: Price Could Double Again

Key PointsAeroVironment had a solid quarter with record sales in critical segments. Despite the ramp in sales, the funded backlog improved by 9.1%, suggesting another strong year ahead. Improving growth, margin, and shareholder equity suggests this stock could rise 100% or more by the end of next year. 5 stocks we like better than AeroVironmentAeroVironment NASDAQ: AVAV is not a new company or even a cutting-edge technology, but it has matured into a highly demanded provider of drones and unmanned defense s ...