Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, stun gun specialist TASER International (Nasdaq: TASR) has received a distressing two-star ranking.

With that in mind, let's take a closer look at TASER's business and see what CAPS investors are saying about the stock right now.

TASER facts

Headquarters (founded) Scottsdale, Ariz. (1993)
Market Cap $304.8 million
Industry Defense products and services
Trailing-12-Month Revenue $99.6 million
Management Co-Founder/CEO Patrick Smith
CFO Daniel Behrendt
Return on Equity (average, past 3 years) (0.7%)
Cash/Debt $23.2 million / $0
Competitors Applied Energetics
Mace Security International
PepperBall Technologies

Sources: S&P Capital IQ and Motley Fool CAPS.

On CAPS, 13% of the 208 All-Star members who have rated TASER believe the stock will underperform the S&P 500 going forward.

Just yesterday, one of those Fools, TSIF, touched on TASER's seemingly unsustainable valuation:

Supplies and restock are expensive, but the product does not have widespread adoption in some areas due to liability concerns. ...

I'm not "game" for a 4X [price-to-book] or a 3X [price-to-sales]. ... I don't believe the last 15% spike is sustainable at this point. I might get shocked short term with these bad habits of trying to skim 10-15% in a few weeks, but overall I'll play the trend and take the risk. ...

Looking for a retrace back to $5.60 or lower if they don't meet the high expectations next quarter.

If you want market-thumping returns, you need to protect your portfolio from any undue risk. Luckily, we've found another stock we are incredibly excited about -- excited enough to dub it "The Motley Fool's Top Stock for 2012." We have compiled a special free report for investors to uncover this stock today. The report is 100% free, but it won't be here forever, so click here to access it now.

Want to see how well (or not so well) the stocks in this series are performing? Follow the TrackPoisedTo CAPS account.