Axon Enterprise, Inc. (AXON) Is "Probably One Of The Best Performing Stocks Of All Time," Says Jim Cramer

We recently published Jim Cramer Just Couldn’t Stop Talking About These 13 Stocks. Axon Enterprise, Inc. (NASDAQ:AXON) is one of the stocks Jim Cramer recently discussed.

Axon Enterprise, Inc. (NASDAQ:AXON) is a well-known company that sells tasers. It has also diversified its business to include software services for law enforcement. The shares have gained 25% year-to-date and are up by a whopping 791% over the past five years. No wonder Cramer called Axon Enterprise, Inc. (NASDAQ:AXON) one of the best-performing stocks all time in these remarks. Previously, he has discussed the firm’s share price levels and advised viewers to gradually build a position. This time, he praised Axon Enterprise, Inc. (NASDAQ:AXON)’s CEO:

“Rick Smith at AXON, probably one of the best performing stocks of all time. That used to be Taser, but now it’s a software-as-a-service for the Justice Department.”

Here’s how Cramer believes one should buy Axon Enterprise, Inc. (NASDAQ:AXON)’s shares:

“Look, I think Rick Smith is great. I have often thought about putting this on my, in the bullpen for this, for the Charitable Trust, but it just won’t quit. I think you have to buy. Look, if you want to buy a 100 shares, buy 25 [on] Monday, and then you gotta wait for it to come down. You can’t just buy it all right here because then I feel like that could be just… It would be just terrible if the stock came in, once again, all-time high today.”

While we acknowledge the potential of AXON as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.