DFLYF - AgEagle Aerial Systems: Only Buy Over Time And With Other Drone Stocks

• AgEagle share prices and the prices of some industry peers have risen strongly at the beginning of 2021. After reaching a peak in February, the valuations came down significantly again.
• AgEagle recently acquired MicaSense, a supplier of sensors for drones. Driven by the addition of this new business, revenue has increased fourfold year-on-year and risk has decreased.
• The market currently assigns a lofty valuation of ~40x estimated annual revenue to AgEagle. This is on the high side, but it's not outside common industry multiples.
• The crop surveyance service and the MicaSense business make AgEagle a justifiable pick. It's recommended to invest over time and in several drone companies simultaneously to spread risks, though.

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