The stock market, after making several daily records, is under pressure today. Hi-growth software stocks have fallen and ServiceNow shares along with shares of IBM have seen significant drawdowns. I strongly felt that the sell-off in Service Now was not a reasonable interpretation of the quarter just reported and added to the position. And overall, I used the proceeds…
Alphotographic/iStock via Getty Images What’s new at Axon: Operationally business has seen strong positive trends; the stock price has become compressed It has been 18 months since I last wrote about Axon (AXON) for SA. After rising to almost $900 a share before a poorly received earnings report, the shares have fallen by no less than 59% since…
I made some changes in the high growth portfolio this morning. I decided to sell 500 more shares of Nebius shortly after the opening and I got a fill at $167.29. There is an old Wall St. saying about trees not growing to heaven. Nebius is up 95% so far this year. I have presented my model…
Axon’s run: What should readers do now? It has been little more than a year since I first recommended Axon (AXON) shares. So far in 2024, the shares are up 68% and they have consistently been making new all-time highs. The quintessential pattern of a momentum growth stock. Much of the share price increase has come since the latest earnings…
Summary Axon, a company that provides solutions to the public safety sector, is experiencing significant growth due to high demand for its products and a successful subscription/recurring revenue model.Despite a recent share price drop due to poorly received guidance, the company’s estimated revenues over the next four quarters are predicted to be $1.7 billion, with…