Analysts suggest Genasys Inc. (NASDAQ: GNSS) as a top pick in the prison and law enforcement industry.
From Yahoo Finance: 2025-04-27 17:01:00
A report detailed the 11 best prison and law enforcement stocks to buy, including Genasys Inc. (NASDAQ: GNSS), which is compared to other top picks in the industry. The United Nations Office on Drugs and Crime reported a record 11.7 million people were imprisoned globally in 2019, with a 25% increase since 2000. The US law enforcement PPE market is valued at $839.4 million in 2021, expected to grow at a 5.0% CAGR by 2030 due to increased demand for officer safety equipment. Police departments in the US are starting to use AI for tasks like writing reports, yet concerns over transparency, accuracy, and bias have been raised by legal experts. Genasys Inc. (NASDAQ: GNSS) recently secured $2.5 million in LRAD orders from the US Military and has shown significant revenue growth, making it a top pick in the industry.
Read more at Yahoo Finance: The Best Prison and Law Enforcement Stock to Buy According to Analysts