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Aerovironment (AVAV +0.8%) hit a 52-week low yesterday, testing a level not seen since August...

  • Tuesday, April 24, 2012, 12:51 PM ET
    Aerovironment (AVAV +0.8%) hit a 52-week low yesterday, testing a level not seen since August 2011. In March the company missed FQ3 estimates due to weak defense sales, but the Motley Fool asserts that the stock is worth a deeper look, saying the company is positioned to take advantage of a ramp-up in alternative aircraft orders from other countries, and being smaller it has more upside potential than its competitors.
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This news story has 3 comments:

  •  
    Bang and Boom will do well in 2012! No evidence that peace is likely to break-out worldwide anytime soon. But domestic peacetime (e.g., police) applications will also help AVAV to bounce back in the near future.
    24 Apr 2012, 02:54 PM Reply Like
  •  
    The CEO explained away missing guidance by stating the sales just missed the quarter and are in the next (upcoming) quarter's #'s.
    24 Apr 2012, 03:58 PM Reply Like
  •  
    This company has NO debt!
    24 Apr 2012, 03:59 PM Reply Like
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