Taser (TASR - Get Report), a maker of "non-lethal" firearms for police departments, is far from its 2007 heyday, when shares moved above $30. These days, it's around $4, partially as a result of tight government budgets that have slowed orders.
Still, sales appear stable at current levels and could rebound anew considering state and local tax receipts are starting to rise and the era of municipal budget cuts appear to be winding down. At least that's what Taser's insiders are counting on.
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