2024-02-05 17:00:00 ET
Summary
- Evolv Technology is using AI to reimagine security and address the increasing prevalence of mass shootings.
- The company has reported strong adoption and revenue growth, with a recurring revenue model and deployments in major sports venues and school districts.
- The timing is right, and the technology is captivating, but is the stock a buy?
It is a sad but inescapable fact that mass shootings are increasingly prevalent in our society with no end in sight. Schools, retail stores, workplaces, hospitals, and other venues are targets. The statistics are startling, but we are all aware of the problem, so I won't dwell on this....
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Evolv: The Fascinating AI Stock You've Never Heard Of