Top 10 Industrial Stocks to Buy Amid Easing Tariff Uncertainties

6. AeroVironment, Inc. (NASDAQ:AVAV)

Year-to-Date Return: 60.11%

Number of Hedge Fund Holders: 23

AeroVironment, Inc. (NASDAQ:AVAV) is one of the top industrial stocks to buy amid easing tariff uncertainties. On August 11, Canaccord Genuity reiterated a ‘Buy’ rating on the stock with a $305 price target.

The research firm’s positive stance reflects growing confidence in the company’s growth prospects, driven by increasing demand for drone technology. The company has carved a niche in providing unmanned aerial vehicles and tactical missile systems for both defense and commercial applications.

Consequently, AeroVironment continues to attract orders from military and civilian sectors. It remains well-positioned to capitalize on the US Pentagon’s push to ramp up drone production and deployment. The company has also inked a strategic partnership with SNC for the development of integrated air and missile defense capabilities to protect critical infrastructure from advanced aerial threats.

AeroVironment, Inc. (NASDAQ:AVAV) is an industrial company that develops and deploys autonomous systems, precision strike systems, and counter-UAS technologies for defense and government customers. Its solutions are used for intelligence, surveillance, and reconnaissance.