Stunning and camera ready, Axon Enterprise (AXON 2.72%) has been a portfolio game changer for long-term investors. The stock more than doubled last year and nearly quadrupled over the past three years, and it happens to be a 20-bagger since I bought in several years ago.
Zacks.com users have recently been watching Axon (AXON) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
CVNA, IDCC and AXON are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.
Are you still setting up your portfolio for maximum growth in 2025? Maybe you're thinking even longer-term than that.
Smart investors like stock splits not only because they reduce a company's share price but also because they tend to spotlight stocks worth owning. I say that because stock splits are necessary only after substantial and lasting share price appreciation, which rarely happens to mediocre companies.
Axon Enterprises stock price has retreated for four consecutive weeks as investors started to take profits after having its best year on record. AXON dropped to the key support at $600, down by 15% from its highest level in 2023.
What a difference a year can make. In 2022, shares of Sea Limited (SE 1.38%) dropped 77%.
The latest trading day saw Axon Enterprise (AXON) settling at $601.06, representing a +0.77% change from its previous close.
AXON is set to benefit from solid momentum across its segments. However, increasing costs and expenses remain a concern.
The S&P 500 index is up 25% year to date, and it's no surprise to see several of the biggest gainers in 2024 were companies benefiting from the growth in artificial intelligence (AI). Here are the top five performers through the market close on Dec. 23, 2024.
Josh Isner is the president of Axon Enterprise and has been with the company for over 15 years. In this podcast, he joins Motley Fool analyst Jason Moser to discuss:
Recently, Zacks.com users have been paying close attention to Axon (AXON). This makes it worthwhile to examine what the stock has in store.