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

|By:, SA News Editor

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.