“Is AVAV a Buy? My Honest Take on the Recent Earnings”
AVAV is not a buy due to lack of consistent profitability and high valuation relative to growth.
There's no question that drones are a huge part of the future whether you're looking at commercial operations or the military and one of the leaders in the drone space is Aervironment.
The company reported earnings after the market closed yesterday and shares popped this morning. So I think it's worth digging into what we learned about the company, what revenue growth looks like, margins are something that I think we need to keep an eye on and then also that backlog and what the future looks like.