There aren't a lot of companies on the market that have the top market share in a rapidly growing business where public policy trends are working in their favor, and that has a high-margin product to top it off. Axon Enterprise (NASDAQ: AAXN) is one of those companies, making both less lethal weapons and body cameras that have become a key source of evidence in recent years.
Despite Axon's rapid growth and improving industry trends, the stock has been stuck in a rut for most of the past three years. But I still love this stock for its long-term potential.
Image source: Axon Enterprise.
Source: Fool.com