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Axon's growth continues, and its next phase of growth may include drones.
Axon Enterprise (AXON -2.06%) reported first-quarter 2024 results recently and the company's growth trajectory continued, but the stock took a breather for the first time in a while. Not only are investors worried about valuation, but they're also contemplating the company's ability to expand into new markets like drones, which Travis Hoium covers in this video.
*Stock prices used were end-of-day prices of April 7, 2024. The video was published on May 8, 2024.
Travis Hoium has positions in Axon Enterprise. The Motley Fool has positions in and recommends Axon Enterprise. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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