As drones become more prevalent in our daily lives, we can expect them to play an increasingly important role. Using drones for everyday activities is not surprising. Today, we’ll discuss the best drone stocks!
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Recent years have seen an increase in drone sales as drone technology has advanced. The armies used drones mainly for spying purposes in the past. Nevertheless, today anyone can own and use a drone for both personal and commercial uses.
In recent statistics, the US Federal Aviation Administration reported there were 372,000 commercial drones and 500,000 noncommercial drones registered. Research estimates that by 2026, the UAV market will be worth $58.4 billion.
Furthermore, the commercial use of drones is expected to increase in popularity with time. As drones can be integrated into our communities to deliver packages or inspect telephone poles, investing in the best drone stocks has a strong investment case.
Best Drone Stocks To Invest:
Stocks related to drones might be worth considering if you want to invest. This is the place for you. In this article, we strive to provide you with the best drone stocks with long-term potential.
Lockheed Martin Corporation:
The Lockheed Martin Corporation (LMT) went up by 2.79% in Friday’s trading session, a fall equivalent to $10.76 from the previous market close price. The lowest point that the shares touched during the trading session were $385.35, while the peak of the day was recorded at a share price of $398.85. LMT finished the previous session at $385.43 according to the data provided by Barchart, while the trading volume was observed to be 3.25 million.
Lockheed Martin Corporation (NYSE: LMT) share prices have increased by 1.76% over the past week, but are up 17.95% in the last quarter. Going further back, the stock’s price has gone over 10.67% over the last 6 months but is up 11.47% in year-to-date trading. While looking at these stats and pricing trends of LMT we are easily saying that it is one of the best drone stocks to invest in.
With over 0.16 million AeroVironment Inc. (AVAV) shares trading Friday and a closing price of $60.79 on the day, the dollar volume was approximately 0.16 million. The shares have shown a positive weekly performance of 7.19% and its price on 02/11/22 gained nearly 0.20%. Currently, there are 24.64M common shares owned by the public and among those 23.22M shares have been available to trade.
In terms of its performance, AVAV is down -55.49% over the past year, and it is up 7.19% over the last week. The stock’s price index is -1.22% lower over one month and -33.84% lower over three months. It is showing a -39.73% return in the past six months.
Kratos Defense & Security Solutions Inc:
The shares of Kratos Defense & Security Solutions Inc. (KTOS) gained by 1.42% during the trading session on Friday, reaching a low of $16.79 while ending the day at $17.30. During the trading session, a total of 1.17 million shares were traded which represents a -30.84% decline from the average session volume which is 893.41K shares. KTOS had ended its last session trading at $17.09.
KTOS stock gained 3.70% during the last week and rose 0.95% over the last one-month period. Shares of this company’s stock fell -21.17% throughout the last quarter. Within the last six months, the stock has decreased -23.23%, with a full-year loss of -48.04%. At the time of writing, this stock’s year-to-date (YTD) price performance is now negative at -11.91%.