Is Ondas Inc. (ONDS) One of the Best Hot Stocks Under $20 to Buy?

Ondas Inc. (NASDAQ:ONDS) is one of the best hot stocks under $20 to buy. On February 23, Northland Securities maintained a Buy rating on Ondas Inc. (NASDAQ:ONDS) with a price target of $16.

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In a separate development, Ondas Inc. (NASDAQ:ONDS) announced on February 17 that its subsidiary Sentrycs successfully delivered and deployed its C-UAS solutions to a German State Police office. Sentrycs is a global leader in counter-drone (C-UAS) technology based on Protocol Manipulation.

Management reported that the milestone highlights the increasing demand for lawful, non-disruptive drone mitigation, along with Sentrycs’ growing role in European law enforcement. The successful delivery and deployment coincide with the upcoming launch of Sentrycs Scout, which is Sentrycs’ new man-carried system, at the Enforce Tac exhibition in Germany. Ondas Inc. (NASDAQ:ONDS) reported that the launch is a notable milestone for the company, as it marks its entry into a new multi-billion-dollar segment of the rapidly expanding counter-UAS market.

Ondas Inc. (NASDAQ:ONDS) also received a rating update from Lake Street on February 9, with the firm reaffirming a Buy rating on the stock and setting a price target of $19.00.

Ondas Inc. (NASDAQ:ONDS) develops, markets, and sells wireless radio systems for secure, wide-area mission-critical business-to-business networks. The company’s operations are divided into the Ondas Networks and Ondas Autonomous Systems segments.

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Disclosure: None. This article is originally published at Insider Monkey.