AeroVironment, Inc. (AVAV) is seen as part of an "idea-driven" market by Jim Cramer.

Jim Cramer recently discussed AeroVironment, Inc. (NASDAQ:AVAV) in an “idea-driven” market. The American defense contractor’s shares have gained 57% year-to-date, reaching $1.61 EPS and $275 million in revenue. Despite a recent dip, Cramer believes in AVAV’s potential. However, other AI stocks may offer higher returns with limited downside risk. For more information on AI stocks, check out our reports on the best short-term AI stock, 20 Best AI Stocks to Buy Now, and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article was originally published on Insider Monkey.

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