Taser International Inc. (TASR): Today's Featured Aerospace/Defense Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Taser International ( TASR) pushed the Aerospace/Defense industry lower today making it today's featured Aerospace/Defense laggard. The industry as a whole closed the day up 0.6%. By the end of trading, Taser International fell $0.34 (-1.8%) to $18.65 on light volume. Throughout the day, 965,794 shares of Taser International exchanged hands as compared to its average daily volume of 1,537,700 shares. The stock ranged in price between $18.45-$19.09 after having opened the day at $19.01 as compared to the previous trading day's close of $18.99. Other companies within the Aerospace/Defense industry that declined today were: Acorn Energy ( ACFN), down 4.7% and GenCorp ( GY), down 1.9%.

TASER International, Inc. is engaged in the development, manufacture, and sale of conducted electrical weapons (CEWs) for use in law enforcement, federal, military, corrections, private security, and personal defense markets worldwide. Taser International has a market cap of $948.7 million and is part of the industrial goods sector. Shares are up 15.2% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Taser International a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Taser International as a buy. 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, expanding profit margins, good cash flow from operations and compelling growth in net income. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

On the positive front, Astrotech Corporation ( ASTC), up 7.6%, CAE ( CAE), up 2.9%, Air Industries Group ( AIRI), up 2.8% and Orbital Sciences Corporation ( ORB), up 1.9% , were all gainers within the aerospace/defense industry with United Technologies ( UTX) being today's featured aerospace/defense industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider iShares DJ US Aerospace & Def Idx ( ITA) while those bearish on the aerospace/defense industry could consider ProShares Short Dow 30 ( DOG).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you liked this article you might like

Fed Crashes the Party: Cramer's 'Mad Money' Recap (Wednesday 4/5/17)

Axon Is Offering Free Body Cameras to Police Officers

Axon Stock Rising, Offers Free Body Camera to U.S. Police

Axon Enterprise Stock Rising on 'Big News' From CEO Smith

Taser, AMD, Amgen, Old Republic :'Mad Money' Lightning Round (3/30/17)