Jim Cramer on Axon: "They Just Keep Delivering Great Numbers"

Axon Enterprise, Inc. (NASDAQ:AXON) is one of the stocks that Jim Cramer discussed. Cramer called the company “incredibly run,” as he remarked:

“Let’s talk about the incredibly run Axon Enterprise. That’s a company formally known as Taser, but now so much more than that, especially for instance, its body cam… the police evidence management software… Over time, Axon has steadily worked its way higher, with the stock now up, I’m not, not a typo, 830% over the past five years because they just keep delivering great numbers.

We saw the same thing earlier this month when the company reported another terrific top and bottom line beat, driven by strong demand for the new products, with management also raising their full-year forecast. In response, the stock jumped over 16% the next day. But you know, it’s given back a chunk of that. Hey, maybe this could be the big buying opportunity.”

Axon Enterprise, Inc. (NASDAQ:AXON) develops TASER devices and provides hardware, software, and cloud solutions for law enforcement and public safety. Its products include body cameras, digital evidence management platforms, and connected safety technologies.

While we acknowledge the potential of AXON as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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