Police body cameras, equipped with cloud storage, are one of Taser's little-known products. The company's stun guns are far more popular.
Taser owns about three-quarters of the body camera business in the U.S.
Following the Michael Brown shooting two years ago, demand for the cameras skyrocketed. With incidents such as the Dallas shootings last week becoming morecommonplace, analysts estimate that the market will soon be worth $1 billion annually.
Taser's Axon cameras are worn by officers in places like Los Angeles, New York, Chicago, Washington, DC and Dallas.
Taser is based in Scottsdale, AZ.
Separately, TheStreet Ratings rated this stock as a "hold" with a ratings score of C+.
The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins.
However, TheStreet Ratings also finds weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity.
You can view the full analysis from the report here: TASR
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.