How Is Axon’s Stock Performance Compared to Other Aerospace and Defense Stocks

Arizona-based Axon Enterprise, Inc. (AXON) develops, manufactures, and sells conducted energy devices (CEDs) under the TASER brand. Valued at a market cap of $49.2 billion, the company offers conducted electrical weapons for the law enforcement, federal, military, corrections, private security, and personal defense markets.

Companies valued at over $10 billion are typically classified as “large-cap stocks,” and Axon Enterprise fits the label perfectly. The company is renowned for its law enforcement technology and a range of software and sensor products, including cloud-based evidence management software, body cameras, and in-car cameras.