By Mill Chart
Last update: May 6, 2024
In this article we will dive into AXON ENTERPRISE INC (NASDAQ:AXON) as a possible candidate for growth investing. Investors should always do their own research, but we noticed AXON ENTERPRISE INC showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.
ChartMill assigns a Technical Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple technical indicators and properties.
Taking everything into account, AXON scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, AXON has proven to be a steady performer, scoring decent points in every aspect analyzed.
For an up to date full technical analysis you can check the technical report of AXON
ChartMill utilizes a proprietary algorithm to assign a Fundamental Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of fundamental indicators and properties.
Overall AXON gets a fundamental rating of 6 out of 10. We evaluated AXON against 65 industry peers in the Aerospace & Defense industry. AXON has an excellent financial health rating, but there are some minor concerns on its profitability. AXON is valued quite expensive, but it does show an excellent growth. With these ratings, AXON could be worth investigating further for growth investing!.
Check the latest full fundamental report of AXON for a complete fundamental analysis.
More growth stocks can be found in our CANSLIM screen.
Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.
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AXON ENTERPRISE INC (NASDAQ:AXON) shows strong growth fundamentals and bullish technical trends, making it a stock worth watching for investors seeking growth opportunities.
AXON ENTERPRISE INC (NASDAQ:AXON) combines strong earnings momentum with a high technical rating, making it a candidate for growth investors. The stock shows breakout potential with solid support and resistance levels.
AXON ENTERPRISE INC (NASDAQ:AXON) meets key CANSLIM criteria with strong earnings growth, high relative strength, and solid technical momentum. A detailed look at its fundamentals and technicals.