Drone stocks, anyone?
I need to get on some drone stocks before they fly off.
Posted Aug 31, 2016, 2:13 PM UTC
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Look at AMBA. Solid company, earnings coming in tomorrow.
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DJI is the only drone company that matters, and I don't think they're traded so it's a worthless venture.
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Wouldn't say worthless.. Look into their supply chain if you think they are moon-bound
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IFLY is one I've heard of, don't know much about it though.
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I have IFLY, but I've been unloading after the recent run up, as I'm not too fond of the "drone" companies in the holding list - there's a huge market brewing in the hobbyists, think esports, but drone racing, that are largely unrepresented in IFLY.
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Thanks for the heads up, will avoid that one for now.
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If you're talking retail drones. My understanding from friends who attended the consumer electronics show this year is that the technology is pretty ubitiquitous. So many competitors out there I don't see one company stock doing amazing. If you're talking commercial grade like amazon delivery drones. This is so uncertain right now it's like betting on when yellen will raise interest rates. If you're talking military grade, the drones use Lots of interconnected systems from the top 10 defense firms. They then funnel these technologies thru various shell companies to avoid export control laws or to gain small business bidding advantage.
Basically the answer is no. There's not a ticker you cam get rich off drones.
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Youre 5 years late, exoskeletons are the next thing if the technology gets cheaper
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5 years late? "The global market for commercial applications of drone technology, currently estimated at about $2 billion, will balloon to as much as $127 billion by 2020"....Bloomberg
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that's cool fantastic but you missed the actual "boom" part, I was joking with 5 years but the real time to buy was when ISIS popped up and US started using those drones that they used in Afghanistan, in Syria. There isn't really a clear cut producer of drones and seeing AVAV taking a %20 hit with a decrease in drone sales about %25 makes me question the future of the industry to be honest. Yes the market for arms will increase, but will it be in drones ? I don't think the public favors drone attacks like they used to, especially with the news of killing innocent people with each drone attack and pictures of children in rubble, you might see some regulations kick in and there goes your billion dollar industry
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I think we're talking about 2 different kind of drones. Commercial use and hobbyist style drones are the kind the article is referencing, drones like this - phontom 4.
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oh okay, my mistake, yeah commercial drones are going to do well no doubt, AVAV was in military contracts too that's why I was like noooooooooo lol sorry
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AVAV took a dump today
same