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AAXN - Axon: Making Its Way To A Higher Share Price
Axon Enterprise
In my last article on Axon Enterprise Inc. (AAXN) entitled "Axon: Short-Term Pain, Long-Term Gain", I argued that the short-term picture for Axon was cloudy, but the long-term was blue skies. I am giving myself a pat on the back for this call. There certainly was short-term pain. The only issue is that the fast bounce-back caught me by surprise.
Now, Axon stock is breaking out to new all-time highs, largely due to Q3 2020 results announced back in November that beat both on revenue and earnings, with management raising guidance