Actionable news
0
All posts from Actionable news
Actionable news in AMBA: Ambarella, Inc.,

TASER: Body-Cam Upside Now Mostly Priced In

Shares of TASR are up nearly 40% over the past 4-5 months as demand for body-cams and smart-weapons has heavily increased.

The valuation has extended to appropriately reflect this demand catalyst.

We think shares have minimal upside here, and believe shares have lost their compelling risk-reward profile.

After a nearly 40% run-up in shares of TASER (NASDAQ:TASR) since we first turned bullish on the stock in early March, we now feel our body-cam and smart-weapon growth catalyst is mostly priced into the stock. Despite a pullback in shares, we do not view this as a compelling buying...


More