3 Stocks for the Future of Drones
Amazon made headlines this week by introducing plans for drone delivery. But we're still years away from that being a reality; the FAA doesn't have a plan for drones, and there are still technology questions to answer. However, there are some good ways to invest in this potential new industry.
If investors are seeking companies that will benefit from commercial drones, they should look at Aerovironment and Lockheed Martin , who make drones already. But we'll also need someone to make sure drones can communicate with each other, which is where Cisco may play a big role.
Erin Miller sat down with Travis Hoium to see why he thinks these three stocks are the best ways to play drones right now.
Another great growth opportunity
If you're looking for other growth opportunities, we've found an incredible tech stock that's growing twice as fast as Google and Facebook, and more than three times as fast as Amazon.com and Apple. Watch our jaw-dropping investor alert video today to find out why The Motley Fool's chief technology officer is putting $117,238 of his own money on the table, and why he's so confident this will be a huge winner in 2013 and beyond. Just click here to watch!
The article 3 Stocks for the Future of Drones originally appeared on Fool.com.Erin Miller has no position in any stocks mentioned. Travis Hoium is short shares of Amazon.com. The Motley Fool recommends AeroVironment, Amazon.com, and Cisco Systems. The Motley Fool owns shares of Amazon.com and Lockheed Martin. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.