|AAXN has held up very well in the latest market turmoil. Unlike most of the rest of the market recently, the stock recovered quickly from the hit it took after earnings last week and was up another $2.77 yesterday to $68.18 yesterday, now trading higher than it was before earnings.|
I think both things are a very good sign about the prospects for this company.
It's up over 50% YTD, I believe investors are getting the message about the value this company has, from TASER sales to their body and in-car cameras and cloud-based software subscriptions.
Nothing like having recurring revenue from subscriptions to drive profits