This means that any money they make from producing drones will be a tiny percentage of their total revenue. However, these are also massive companies. For the most part, Boeing, Raytheon, Lockheed Martin and others all either create drones or are investing in drone technology. When making a list of the best drone stocks to buy, you could build a solid case for any major defense contractor. There are some great opportunities for investors. It’s a growing industry as well and farmers can use drones to improve their yields. Please do your own due diligence before making any investment decisions.Īlso, before we dive into the drone stocks, you might be interested in the best agriculture stocks. NOTE: I’m not a financial advisor and am just offering my own research and commentary. Let’s take a quick look at some of the best drone stocks to buy… Best Drone Stocks to Buy In order to find the best drone stocks, we’ll have to focus on defense contractors or tech companies that use drone technology. This is because most consumer drone companies are not publicly traded. However, when it comes to finding drone stocks to buy, it can be a little challenging. With all of these different uses, drones are definitely one of the coolest branches of modern technology. And the military is interested in using drones to gather intel and conduct important missions without risking human life. Corporations want to use them to cut costs and deliver products more efficiently. Consumers mainly want to use drones for entertainment and to record awesome videos at 400 feet. Also, the unmanned aerial vehicle (UAV) market is expected to reach $58.4 billion by 2026.ĭrone technology has a wide range of applications and is used by consumers, corporations and the military alike. Today, there are about 372,000 commercial drones and 500,000 non-commercial drones registered with the FAA. In more recent years, drone technology has accelerated. However, it wasn’t until relatively recently that businesses and the miltary started realizing the potential in remote control technology, unmanned vehicles and drones. This was the year that The Good Brothers developed the Big Guff, the world’s first remote control airplane. You might be surprised to hear that the first unmanned aerial vehicle dates all the way back to 1938. There’s a long history leading up to some of the best drone stocks today.
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