Why Axon Continues to Be a Top Stock

By Travis Hoium and Jason Hall – Nov 10, 2022 at 4:04PM

NASDAQ: AXON

Axon Enterprise

Market Cap

$22B

Today's Change

(-1.64%) -$4.89

Current Price

$292.70

Price as of April 19, 2024, 11:22 a.m. ET

Tasers and body cameras continue to be an amazing business for Axon.

Axon (AXON -1.64%) reported third-quarter 2022 earnings this week and the results were even better than expected. Not only is revenue growing, the company's backlog has ballooned and the company has 10 years of revenue visibility. In this video, Travis Hoium and Jason Hall discuss the company's incredible results.

*Stock prices used were the end-of-day prices of Nov. 8, 2022. The video was published on Nov. 10, 2022.

Jason Hall has no position in any of the stocks mentioned. Travis Hoium has positions in Axon Enterprise. The Motley Fool has positions in and recommends Axon Enterprise. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.