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AeroVironment, Inc. (AVAV): A Bull Case Theory

We came across a bullish thesis on AeroVironment, Inc. (NASDAQ:AVAV) on Substack by Stock Picker's Corner. In this article, we will summarize the bulls’ thesis on AVAV. AeroVironment, Inc. (NASDAQ:AVAV)'s share was trading at $161.01 as of Jan 3rd. AVAV’s trailing and forward P/E were 94.71 and 38.46 respectively according to Yahoo Finance.

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As drones increasingly become a central element of modern military operations, their strategic significance is underscored by numerous...