Reported 10 days ago
Axon Enterprise, Inc. (NASDAQ:AXON) has emerged as one of the top defense stocks, showcasing a remarkable 218% EPS growth over the last five years, according to recent reports. The global defense sector is experiencing significant budget increases amidst ongoing geopolitical conflicts, contributing to heightened investor interest. Axon, which provides advanced safety technology and software to law enforcement and military sectors, reported substantial revenue growth and a strong position among hedge fund holdings. Despite broader challenges in the defense industry, analysts highlight Axon's potential due to its innovative solutions and recurring revenue model.
Source: YAHOO