TASER/TASR HAS GROWTH FORWARD EARNINGS GROWTH OF 15 - 20% BUT SELLS FOR 40 X EARNINGS?
This year earnings are estimated to be 31 cents vs 27 cents a year ago. next year (2014), earnings are estimated to be 37 cents vs 31 cents. it may be fashionable to say you own taser stock at cocktail parties, but it's selling at $13 + per shares, meaning you are betting that taser will beat it's earnings estimates for the next few quarters by more than 30%, when their biggest beat was a year ago on the new product launches (glasses, etc..) . don't expect a 75% beat this quarter folks. more like a 15% beat at best. the stock is priced today as if they already beat the street estimates this quarter. And, beat those estimates big...by 75% or more. taser would need to beat by 100% or more to move the stock to higher price range from current topping pattern. let's see how accurate this prediction is. i will repost in one month to see where we are.