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Can Axon Double Again This Year?

TheMotleyFool

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Can Axon Double Again This Year?Photo, wide shot, wide-angle lens, Heavy machinery, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://img.midjourneyapi.xyz/temp/c15253b0-7330-4605-a666-66954eaf6715.png

Among last year's top gainers was Axon Enterprise (NASDAQ: AXON), which makes tech-based software and hardware for the law enforcement and public safety industries.

Axon has been a winning stock for a long time, but 2024 was a breakout year with the stock's 130% gain making it one of the best performers in the S 500.

Axon is launching new products and services, developing an artificial intelligence (AI) platform, and benefiting from tailwinds in its industry. Can it double again this year?

Source Fool.com