10 Stocks on Jim Cramer’s Radar Recently

2. AeroVironment, Inc. (NASDAQ:AVAV)

Number of Hedge Fund Holders: 21

AeroVironment, Inc. (NASDAQ:AVAV) was mentioned during the episode, and here’s what Camer had to say:

“Well, it was up seven today.  Look, I’ll tell you the problem here…. It’s a stock. I know that sounds a little soporific, but stocks are going down particularly high multiple stocks… We could have, we could have Wahid Nawabi on right now and he could tell us how things are going and things are going great. It just doesn’t matter. People don’t want to own the defense stocks right now. They feel that defense budget’s going to be cut. I don’t agree, but that’s what’s happening.”

AeroVironment (NASDAQ:AVAV) creates and supports various robotic systems, including unmanned aircraft, ground robots, and loitering munitions. It is worth noting that in January, Cramer said:

“Oh boy, I really like it. It really is the solution, I think, in a lot of ways to a Pentagon budget that may be too bloated but needs to be more effective. I like AVAV and I gotta tell you, Wahid Nawabi, he’s been on the show and every time he’s been a star.”