Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Why TASER International's Shares Popped

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of TASER International (NASDAQ: TASR  ) jumped 12% today after the company reported better than expected quarterly earnings.

So what: Third quarter sales rose 22% to $35.2 million as net income rose 40% to $5.1 million, or $0.10 per share. Analysts were only expecting $32.6 million in revenue and $0.08 per share in earnings.

Now what: Profit was up in large part because gross margin increased to 62.8% from 58.4% a year ago. This is great news, and momentum should continue -- the company's wearable camera orders are picking up the pace. The stock isn't cheap at 48 times forward earnings, but I think there's a lot of upside as law enforcement agencies adopt the company's products.

More high growth stocks
If you're interested in high growth stock picks, Motley Fool co-founder David Gardner, founder of the No. 1 growth stock newsletter in the world, has developed a unique strategy for uncovering truly wealth-changing stock picks. And he wants to share it, along with a few of his favorite growth stock superstars, WITH YOU! It's a special 100% FREE report called "6 Picks for Ultimate Growth." So stop settling for index-hugging gains... and click HERE for instant access to a whole new game plan of stock picks to help power your portfolio.

Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2705743, ~/Articles/ArticleHandler.aspx, 9/26/2016 11:54:12 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,116.33 -145.12 -0.79%
S&P 500 2,150.35 -14.34 -0.66%
NASD 5,266.03 -39.72 -0.75%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/26/2016 11:38 AM
TASR $28.13 Up +0.03 +0.11%
Taser Internationa… CAPS Rating: ****