Why AeroVironment Stock Soared in March

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. ...