Axon Enterprise

Axon Enterprise, formerly Taser, supplies law enforcement agencies with electrical weapons, body cameras and the cloud software that manages digital evidence. Its shift toward recurring software and sensor subscriptions has turned a hardware maker into a platform business with deep ties to police departments across the United States and beyond. Axon pays no dividend, reinvesting its cash into product development, cloud infrastructure and expansion into new public-safety markets. It is firmly a growth stock, valued for its expanding recurring revenue rather than any income. Investors seeking dividends will not find them here, which is reflected in a subdued dividend score for a company still prioritising reinvestment over distributions.