Here's How Much You Would Have Made Owning Axon Enterprise Stock In The Last 5 Years
Portfolio Pulse from Benzinga Insights
Axon Enterprise (NASDAQ:AXON) has significantly outperformed the market with an annualized return of 31.14% over the past 5 years, resulting in an average annual return of 43.88%. A $1000 investment in AXON 5 years ago would be worth $6,430.98 today. The company's market capitalization stands at $23.41 billion.
March 12, 2024 | 5:30 pm
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Axon Enterprise has delivered an impressive annualized return of 31.14% over the past 5 years, with an average annual return of 43.88%, significantly outperforming the market.
The significant outperformance of Axon Enterprise compared to the market, as evidenced by its annualized return of 31.14% and an average annual return of 43.88%, suggests a strong positive impact on its stock price in the short term. The historical performance and the substantial increase in investment value indicate a robust financial health and investor confidence, which are likely to continue supporting the stock's upward trajectory.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100