I did a blog a few months back about a stock that critics love to hate:  Taser International, Inc. (TASR).

Bad news seems to follow TASR wherever it goes. I am always reading about law enforcement “abusing” those poor criminals by using Taser Guns.   I am not getting into the politics and hyperbole surrounding this company and its products other than to say that I would rather keep this tool in law enforcements hands than not.

My blog was back on May 26:  Read it Here.  I think that it is time to take a look at TASR again.  It performed very well the last time that I profiled it at around $4.00.  It hit a top of about $5.50 in August, but had several peaks and valleys that were tradeable along the way.  The stock is now at the $4.50 range and is just coming out of an oversold position.  The MACD is flat (and below the zero line) and not indicating a direction…yet.

Here is the chart:

What I like about TASR is that they, despite all of the negative press, know how to run a profitable company.  Here is a quote from my last blog in May that still apply to TASR:

“I am still bullish on the stock, however.  I took a look at their financials and key statistics and came away impressed.  They have a very solid cash position, no long term debt (which I like), and solid revenues.  They did show a small operating loss in the most recent calendar quarter, but I see that as more as a blip than a trend.  What is most encouraging is that they are well diversified in several strong, recession resistant (is anything recession proof these days?) markets (law enforcement and military)…….. ”

TASR probably won’t be a home run, but it could be a solid single or double (using baseball parlance). The company is adding exciting new products, continuing their globalization and have entrenched themselves as a friend and ally to law enforcement.