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



Taser's Big New London Deal

Taser International (NASDAQ: TASR  ) stock is up over 1.5% today, after announcing a deal with the London Police Department to roll out a trial number of its AXON wearable cameras to police officers throughout the London area. Five hundred officers would each be equipped with a camera, which would upload a constant feed to cloud storage, ideally in the hope that it could reduce complaints, increase accountability, and reduce legal costs for the department.

Now, while 500 cameras isn't an enormous amount of revenue for Taser, this is only a pilot program. London's police department is huge, with around 31,000 officers, so if this delivers the kind of results the LPD is looking for, this could represent a massive opportunity for Taser in the future.

In this video from Tuesday's Stock of the Day, however, Motley Fool analyst Blake Bos says he's still a bit wary of Taser's valuation. At about 50 times earnings and six times sales, he still sees this as a very expensive stock, and would prefer to know the company and its prospects just a bit better before paying that high price.

3 stocks poised to be multibaggers
The one sure way to get wealthy is to invest in a groundbreaking company that goes on to dominate a multibillion-dollar industry. Our analysts have found multibagger stocks time and again. And now they think they've done it again with three stock picks that they believe could generate the same type of phenomenal returns. They've revealed these picks in a new free report that you can download instantly by clicking here now.

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.

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: 2916565, ~/Articles/ArticleHandler.aspx, 8/28/2015 1:16:17 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...

Mark Reeth

Mark Reeth is an incredibly handsome Member Liaison, and is an expert on all things Foolish. Follow him on Twitter for all of the most important Fool news.

Today's Market

updated 4 hours ago Sponsored by:
DOW 16,654.77 369.26 2.27%
S&P 500 1,987.66 47.15 2.43%
NASD 4,812.71 115.17 2.45%

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

8/27/2015 3:59 PM
TASR $23.63 Up +1.27 +5.66%
Taser Internationa… CAPS Rating: ***