Reported about 19 hours ago
AeroVironment, Inc. (AVAV) has emerged as a notable player in the 'idea-driven' market, according to Jim Cramer. The defense contractor has seen its stock price surge by 57% this year, fueled by impressive earnings that exceeded expectations. While the stock has fluctuated, falling 11.4% after management opted to reduce debt, Cramer believes his discussions about the company contributed to its rise from $180 to $290. He continues to endorse AVAV, emphasizing its potential amidst the ongoing market dynamics.
Source: YAHOO