The 4 Best Drone Stocks To Take A Look At

Writer Sam Matera has written a piece about the four best stocks to look into for companies producing drones. He is definitely worth a read, for drone background if for nothing else.

Article segment:

"Unmanned aerial vehicles -- or drones, as they're commonly known -- remain in their infancy. Although the U.S. military has used them in various capacities for several decades, their civilian and commercial use remains limited. That should change soon. Research company The Teal Group believes spending on drones will double over the next 10 years, totaling more than $91 billion in the process. 

"For investors, the coming drone revolution represents an opportunity. Although it's impossible to pick the winners and losers at such an early juncture, the following four stocks could benefit as drones become more widely used.

"A drone manufacturer
"AeroVironment (NASDAQ: AVAV) is the closest thing investors will get to a true, "pure-play" drone company. AeroVironment designs and manufactures drones, and a significant percentage of its revenue comes from the sale of these drones, primarily to the U.S. Department of Defense. That said, not all of its revenue comes from drones. AeroVironment also has an energy business -- it supplies charging systems for electric vehicles. In fiscal year 2014, roughly 17% of AeroVironment's revenue came from the sale of these systems.

"Still, that means more than 80% of AeroVironment's revenue is coming from its drone business, which should allow it to benefit as the demand for drones surges in the years ahead. Currently, AeroVironment is largely a government contractor, with little exposure to the commercial drone market, but management sees the commercial side to be an area of great potential growth."

For more, go to:
http://www.fool.com/investing/general/2015/06/18/the-4-best-stocks-to-invest-in-drones.aspx