ONDS, UMAC, KTOS, RCAT: Trump’s Drone Bet Has Retail Piling – But One Stock Stands Out With 70% Upside Potential

Trump's drone push has investors scrambling for exposure. Shares of Ondas Holdings (ONDAS), Unusual Machines (UMAC), Kratos Defense & Security Solutions (KTOS) and Red Cat Holdings (RCAT) surged after reports that the Pentagon is exploring funding deals with drone manufacturers, but Wall Street sees one stock offering significantly more upside than the rest.

Drone Stocks Surge As Unusual Machines Jumps 57% On Funding Talks

Drone stocks caught a powerful bid Thursday after reports said the Trump administration is exploring possible funding deals with a group of companies to expand domestic drone production and bring costs lower. Unusual Machines (UMAC), a drone-parts maker backed by Donald Trump Jr., closed 57% higher at an all-time high.