AeroVironment NASDAQ: AVAV is not a new company or even a cutting-edge technology, but it has matured into a highly demanded provider of drones and unmanned defense systems. The combination of improving technologies and global demand for war products has driven results to record highs, and the share price is following suit. Because the company is experiencing a significant improvement in profitability, has a solid outlook for continued success, and is driving significant improvements in shareholder value, the stock could double in price again over the next few years.

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