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October 22, 2004

SpeculatingStocks.com Stock Pick: Taser International, Inc. (TASR)

Stock Price: $40.23 (short-term strong buy)


Taser International, Inc. makes "less-than-lethal" weapons designed not to kill, but to stun people into submission with an electrical jolt measured in MDUs -- muscular disruption units.

TASR has had some great runs up this year and we believe another is due.

The company reported Tuesday with profits up six fold due to larger orders for the company's stun guns and law enforcement equipment. They also raised their revenue guidance by 25% for the year. However, TASR has yet to run up drastically on this news.

More significant than third quarter earnings is that their stun-gun was deemed safe by the Department of Defense. In the past, TASR has fallen due to reports that the Taser is in some cases lethal. Now, reports like this should not be as much of a problem.

SpeculatingStocks.com Target Price: We expect TASR to return to the $50 level within the next couple of weeks.

 
     
 
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