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Axon Enterprise, Inc. (AXON): A Bull Case Theory 

We came across a bullish thesis on Axon Enterprise, Inc. on Rebound Capital’s Substack. In this article, we will summarize the bulls’ thesis on AXON. Axon Enterprise, Inc.'s share was trading at $533.21 as of December 1st. AXON’s trailing and forward P/E were 170.93 and 68.97 respectively according to Yahoo Finance.

[caption id="attachment_382208" align="aligncenter" width="750"] Kbiros/Shutterstock.com[/caption]

Axon, the pioneer of non-lethal electric weapons, has built a near-monopoly around its Taser products, which still contribute about 40% of revenue. Over the...