Travis Hoium

If it's not acquired, maybe this 17% pop that we've had over the last week is going to fade away.

But we'll see what happens.

Definitely something we'll be covering for a while here on Motley Fool Money.

When we come back, we are going to talk about Axon's blowout quarter.

You're listening to Motley Fool Money.

Welcome back to Motley Fool Money.

Rachel, I got to be honest, Axon's a stock that I've held since sometime late in 2014 or early 2015.

My biggest holding for a very long time.

I've trimmed, and yet they continue performing so well that it continues to kind of be in that top spot.

That happened again last night.

Shares are up 20% in early trading on Wednesday after another just crazy good quarter.

What did you see from the quarter from Axon?

Lou, one of the things that I remember writing a lot about years ago was you don't want to worry too much about that bottom line because they're in growth mode.

But now they're a pretty mature business, almost $800 million in revenue for the quarter.

That story was starting to change.

And if you look back at the chart, I mean, $135 million in net income a year ago.

So we were starting to push on that operating leverage.

But now that's gone backwards.

Is that okay if you have...

you know, 38% growth in the quarter, or is that still something to worry about long-term is that they're not actually going to translate this revenue growth to bottom line success?