Zacks Investment Ideas feature highlights: Alarm.com, Axon Enterprise and MSA Safety
For Immediate Release
In an Uncertain Market, Take Shelter in Security Firms
Volatility is back in a big way and it’s been a difficult start to the week with the major indexes down over 2%.
Where can investors turn for safety and security as we near correction territory?
Let’s take a look at three stocks that provide the goods and services consumers need in an uncertain world.
Home and business Security
Alarm.com provides security solutions for home and business owners. Its interactive web portal allows customers to monitor alarm systems and provides real-time video monitoring via the internet and on mobile devices.
Though a bit expensive with a forward P/E of 33, Alarm.com has seen 9 positive earnings revisions in the past 60 days. A Zacks Ranks #1 (Strong Buy), this is a growth stock poised to take off.
Axon Enterprise is one of those stocks that’s often in the news that you may never have heard of. Producers of the Taser stun device and also police body cameras, Axon makes the products virtually all U.S. municipalities are increasingly in need of.
Holding a near monopoly on both electroshock weapons and wearable video technology for law enforcement officers, Axon enjoys gross margins of 71% on weapons and 57% on video.
After a big earnings beat in Q4 of 2017, Axon has seen Zacks Consensus Estimates for 2018 more than double in the past 60 days, from $0.18/share to $0.39. A Zacks Rank #1 (Strong Buy), Axon is a stock that will keep your portfolio safe.
MSA Safety Incorporated serves a broad range of industries, from oil and gas to petrochemicals to construction and mining. Producers of gas detection and fire protection equipment, MSA keeps people and industrial properties safe.
Following a strategy of aggressive acquisitions by acquiring Globe Manufacturing in 2017, MSA is now a leader in the market for personal protective equipment (PPE) for municipal police and fire departments.
With a Zacks Consensus estimate that has grown 14% in the past 90 days, MSA earns a Zacks Rank #1 (Strong Buy).
Can Hackers Put Money INTO Your Portfolio?
Earlier this year, credit bureau Equifax announced a massive data breach affecting 2 out of every 3 Americans. The cybersecurity industry is expanding quickly in response to this and similar events. But some stocks are better investments than others.
Zacks has just released Cybersecurity! An Investor’s Guide to help Zacks.com readers make the most of the $170 billion per year investment opportunity created by hackers and other threats. It reveals 4 stocks worth looking into right away.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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MSA Safety Incorporporated (MSA): Free Stock Analysis Report
Alarm.com Holdings, Inc. (ALRM): Free Stock Analysis Report
Axon Enterprise, Inc (AAXN): Free Stock Analysis Report
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