"We took profits in that and I'm not looking back. I like Boeing (BA Quote). People don't think of it as a defense stock, but it is." ("Mad Money Lightning Round," 6-8-09)

FUTURE OF WAR

From a recent Mad Money show:"I'm thrilled we got out of that one. I don't want to get greedy; it's better to be lucky than good."

From a recent Mad Money show:"I've been recommending this one, but we've had a huge gain. I want you to sell that one right here ahead of Obama."

natioal defense

speculative LE and aviation play

3 Stocks I Saw on TV: Dan Fitzpatrick examines three stocks viewed on Fast Money and Mad Money. Today's stocks include Apple, American Express and Aerovironment.
Click here to watch the video.

Sector Perform - Price 29.39 on Sept. 10
by Pacific Crest

AeroVironment develops and produces unmanned aircraft systems and efficient electric-energy technologies. [First-quarter] results beat expectations: fiscal Q1 (July) revenue of $53.6 million and [earnings per share] of 22 cents, ahead of our expectations of $51.9 million and 15 cents. Consensus was $49.9 million/18 cents. Revenue was driven by [research and development]...F2008 EPS is $1. Raising F2009 and F2010 EPS estimates to $1.14 and $1.38. Market cap: $636 million.

Unmanned Aircraft Systems. Started in 1971, 25% YoY growth. Heavy demand for aircraft that can stay in the stratosphere for weeks (spying, hurricane detection, etc). Needs to be power efficient. 22 P/E on 25% growth.

Company just got patents for wind towers that can sit on buildings, avoiding the need to waste vast tracts of land for wind farms.

the promise of architectural wind

no apparent reason for swings

cramer