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

We came across a bullish thesis on AeroVironment, Inc. on Uncle Stock Notes’s Substack. In this article, we will summarize the bulls’ thesis on AVAV. AeroVironment, Inc.'s share was trading at $264.95 as of December 2nd. AVAV’s trailing and forward P/E were 149.83 and 138.89 respectively according to Yahoo Finance.

[caption id="attachment_605593" align="aligncenter" width="750"] Pixabay/Public Domain[/caption]

The author concurs with Bank of America’s “buy” rating on AeroVironment (AVAV) but argues that its $300 price target underestimates the company’s...