We recently compiled a list of the Why These 15 Hardware Stocks Are Skyrocketing So Far in 2025. In this article, we are going to take a look at where AXIL Brands, Inc. (NYSEAMERICAN:AXIL) stands against the other hardware stocks.
The hardware industry is one of the most promising industries you can invest in right now, and there is a good chance that many companies in this sector are going to deliver triple-digit gains this year. You can thank AI for that since it requires significant amounts of hardware and various types of electrical and industrial equipment.
Of course, the hardware industry is beyond just AI-related stocks. PC sales are forecasted to grow by 4% to 273 million units, while smartphone shipments are anticipated to reach 1.24 billion units. Robotics and the semiconductor sector are likely going to grow at double digits annually this decade on top of that.
Methodology
For this article, I screened the top-performing hardware stocks year-to-date. Stocks that I have covered recently will be excluded from this list.
I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds invest in? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points. (see more details here).
A smiling customer receiving their purchase from an e-commerce company.
AXIL Brands, Inc. (NYSEAMERICAN:AXIL)
Number of Hedge Fund Holders In Q3 2024: N/A
AXIL Brands, Inc. (NYSEAMERICAN:AXIL) is an e-commerce consumer products company.
The stock has delivered stellar returns so far this year after its MX Series launch drove immediate investor enthusiasm. It debuted at the Daytona 500 and this amplified visibility among NASCAR’s 10 million+ annual attendees.
Furthermore, it expanded into 1,000+ retail locations, including Bass Pro Shops, Scheel’s, and Walmart, with plans to grow this footprint tenfold. It also secured European distribution via Terrang MP-Sec France and Beretta Hellas LTD.
AXIL Brands, Inc. (NYSEAMERICAN:AXIL) stock is up 102.59% year-to-date.
Overall AXIL ranks 1st on our list of the hardware stocks that are skyrocketing so far in 2025. While we acknowledge the potential of AXIL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AXIL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
