Taser is the boring part of Axon's business, Shay says, and it still grew about 20% last quarter. Body cameras grow in the low single digits, but Shay treats the camera as the sensor that creates the data everything else on the platform needs. Brad calls the network of tasers, body cams, fixed cameras and drones a sensor army, and says it does not feel like there is a serious rival.

Shay owns Axon as a top five position in his family portfolio. He believes it is going to be the next mega cap in the new AI economy, and he asks Brad what he thinks about Axon becoming a mega cap one day.

They get into what Axon is, body cams and the data, AI and the Era Plan, Dedrone and the drone business, Axon 911, international and enterprise, and the risks, starting with trust and the backlash against Flock.

Shay is very bullish. He has kept adding this year and says he is now close to break even on the position. Brad's general view is bullish. He calls Axon one of those elite compounders, and he says he loves this company.

Tell the guys which stock deserves the next deep dive.

Watch the full episode with chapters on YouTube: https://youtu.be/pjmgKlWqPJQ

New episodes every Monday on The Deep End.

Nothing in this episode is investment advice. Shay discusses his own portfolio, and he owns Axon, Kratos, Ondas and AeroVironment. Brad's general view is bullish.