10 Best Gun Stocks to Buy in 2025

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1. Axon Enterprise, Inc. (NASDAQ:AXON)

Number of Hedge Fund Holders: 46

Axon Enterprise, Inc. (NASDAQ:AXON) is an American manufacturer of weapons and technology for law enforcement agencies, military, and civilian use. The company has a diverse product catalog that includes TASER energy weapons, cameras, sensors, and others.

The stock has had a tremendous five-year run, during which its share price has grown by a whopping 656%, amid robust demand in its TASER segment and several tactical partnerships and acquisitions during this period.

The company’s financial performance remains strong as well. During its recent Q3 2024 earnings call on November 7, Axon Enterprise, Inc. (NASDAQ:AXON) reported that it had delivered above 30% annual revenue growth for each of the three quarters in 2024, driven by surging demand for all its products and services. This marked 11 successive quarters of over 25% growth, which has further bolstered investor confidence in the stock. Conestoga Capital Advisors stated the following regarding Axon in its Q4 2024 investor letter:

Axon Enterprise, Inc. (NASDAQ:AXON) continued to see robust demand for its products and services, from TASERs to body cameras to the software that powers many applications within public safety operations. Shares jumped on third-quarter results, which saw revenue grow 32%, EBITDA 58%, and backlog 33% to $7.7 billion. In addition, AXON continued to expand adjusted EBITDA margins, which were above 25% in the third quarter. AXON was a leader in three of the four quarters in 2024.

According to Insider Monkey’s database for Q3 2024, 46 hedge funds held a stake in the company – a significant improvement from 36 at the end of the second quarter. Navellier & Associates was the largest investor in the company, with holdings valued at over $8.6 million as of September 30, 2024. Based on investor sentiment, Axon Enterprise, Inc. (NASDAQ:AXON) is the best gun stock to buy in 2025.

Overall, AXON ranks first among the 10 Best Gun Stocks to Buy in 2025. While we acknowledge the potential of gun companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than AXON but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap

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