This post was originally published on this site
https://i-invdn-com.investing.com/news/LYNXNPEB6R0AQ_M.jpg
According to a report from Statista, the global commercial drone delivery market is forecast to touch $58.4 billion in 2026, up from $27.4 billion in 2021. It indicates the market is expected to grow at an annual rate of 16% in the next five years, making companies such as AeroVironment (AVAV) and Red Cat Holdings (RCAT) solid bets for growth investors.
Let’s see which of these two stocks are better poised to outpace the broader market given current valuations and other financial metrics.
