skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. AXON: Peter,please advise your US & Can stock picks in Feb 20 interview with Chris with a short narrative. [Axon Enterprise Inc.]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Peter,please advise your US & Can stock picks in Feb 20 interview with Chris with a short narrative. Thanks
Asked by Peter on February 23, 2024
5i Research Answer:

US- AXON.  The company that developed the TASER brand. TASER has been around forever and AXON is the gold standard who totally controls the US market and is starting to move internationally. AXON has now moved into the camera business as well, while also developing a subscription service for the company's products. The balance sheet is in good shape with $1.1B cash and short term investments and a net cash position of $469.4M. AXON has done very well over the years and the businesses product offering is also somewhat recession proof.

CAN-LMN. A spinout and closely influenced CSU company which has been executing very well in its short time listed. LMN is using CSU's blueprint of an acqusitive strategy funded through free cash flows. It is new and not very well followed, but the potential and management influence is all in LMN's favour. 

 

Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in AXON.