AAXN - Axon Reminds Me Of Netflix In 2010
- Axon's impressive cloud segment growth is poised to surpass the taser revenue in the upcoming quarters.
- I see several similarities in the Axon growth and expansion story, with what was seen for Netflix a decade ago.
- Evidence.com simplifies record keeping, increases the transparency and efficiency of the criminal justice process, and happens to be the need of the hour.
- Steep valuation is a concern but appears consistent with what the market is awarding to SaaS type companies. Given the sticky nature of Axon Cloud, investors can find safety in Axon's long term contracts.
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Axon Reminds Me Of Netflix In 2010