14 High Growth Large Cap Stocks to Buy Right Now

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13. Axon Enterprise, Inc. (NASDAQ:AXON)

M-Cap: $46.0 billion

Number of Hedge Fund Holders: 61

5-year Revenue Growth: ~32.4%

Axon Enterprise, Inc. (NASDAQ:AXON) is one of the High Growth Large Cap Stocks to Buy Right Now. On December 17, Morgan Stanley analyst Meta Marshall reduced the price objective on the company’s stock to $713 from $760, while keeping an “Overweight” rating. The analyst believes that the AI trade broadened out from semi stocks in 2025, which supported the infrastructure stocks, mainly within the optical sector. As per the analyst, this trade can continue, mainly in optical, through H1 2026. That being said, the investors are required to be more selective for full-year returns, considering the multiples, added Marshall.

Notably, Axon Enterprise, Inc. (NASDAQ:AXON)’s strategic emphasis on integration of AI capabilities in the core offerings placed it as a critical player in law enforcement data management and analysis. Its expanding ecosystem of products and services continues to create network effects, which can result in higher customer retention.

In a different update, Axon Enterprise, Inc. (NASDAQ:AXON) delivered a redemption notice regarding its 0.50% convertible senior notes due 2027. The company elected to redeem all of the outstanding notes on February 10, 2026, at a redemption price equal to 100% of the principal amount of the notes to be redeemed, along with accrued and unpaid interest on the notes redeemed to, but excluding, the redemption date.

Axon Enterprise, Inc. (NASDAQ:AXON) offers public safety technology solutions.

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