Needham Insights: Promising Drone Stocks to Watch

Reported 1 day ago

Needham analyst Austin Bohlig highlights two drone stocks, Unusual Machines (UMAC) and AeroVironment (AVAV), as key players in the expanding U.S. drone market driven by increased military demand and autonomous solutions. UMAC is positioned to capitalize on domestic supply chain shifts with innovative FPV technology, while AVAV continues to lead in defense-grade drones, bolstered by a recent acquisition and strong financial performance. Both stocks show strong potential for growth as defense budgets rise in response to ongoing global conflicts.

Source: YAHOO

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