Axon Enterprise: Fantastic Business but Valuation Presents Downside Risk
Axon shares are up 143% since my first bullish article was published in June 2022. I have updated my rating from "buy" to "hold" based on valuation concerns.
Dear readers,
Please see below the link for an article I published last night on Seeking Alpha about my favourite company in the world (Axon Enterprise) and their latest Q4 2022 results.
Axon Enterprise: Fantastic Business but Valuation Presents Downside Risk
As a reminder, this is the innovative company that produces the TASER (non-lethal weapon used in place of a gun), as well as body cameras, a cloud-based evidence management platform, and high-tech license plate recognition software.
Another article up on my favourite company in the world: Axon Enterprise @axon_us
Up an astonishing 77% over the past 12 months and 466% over the past 5 years.
Don’t bet against Founder/CEO @AxonRick
The Future Investors @ftr_investors
Cheers,
Jordan
P.S. Please let me know if you cannot access the above article due to a Seeking Alpha paywall.