Jim Cramer’s Lightning Rounds: 9 Stocks in Focus

7. AeroVironment, Inc. (NASDAQ:AVAV)

Number of Hedge Fund Holders: 22

Cramer noted that AeroVironment, Inc. (NASDAQ:AVAV) offers a significant solution to a Pentagon budget that may be overly inflated yet requires greater efficiency.

“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.”

AeroVironment (NASDAQ:AVAV) designs, develops and supports a range of robotic systems and services, including uncrewed aircraft, ground robots, and loitering munitions, primarily for government agencies and allied governments. Back in July 2024, Cramer responded to a caller asking about the company and said:

“You know what, okay let me give you the bull and the bear on AVAV. My friends who watch the show say, Jim, you don’t understand, their stuff is way too expensive. It needs to come down versus the price of the Iranian drones. All I know is the drones work and therefore it’s a buy.”