From Yahoo Finance: 2025-04-27 16:50:00

According to the United Nations Office on Drugs and Crime, 11.7 million people were detained in prisons globally in 2019, with a 25% increase since 2000. While men make up 93% of the prison population, the number of women is growing at a faster rate, at 33%. The US law enforcement PPE industry was valued at $839.4 million in 2021, projected to grow at a 5.0% CAGR from 2022 to 2030 due to increased officer safety awareness. Police departments in the US are turning to AI for tasks like writing reports, with concerns raised about transparency and bias.

Cadre Holdings, Inc. (NYSE: CDRE) is a leading manufacturer and distributor of safety products for law enforcement, military, and first responders. Analysts have a 34.65% upside for CDRE, with 12 hedge fund holders. Jefferies’ analyst Sheila Kahyaoglu maintains a Buy rating on CDRE with a price target of $40.00, citing strong financial performance and strategic growth opportunities. The company’s 41% revenue growth in fiscal Q4 2024 was driven by successful acquisitions and performance in key segments.

CDRE ranks 9th on the list of best prison and law enforcement stocks to invest in. Strategic initiatives and a strong balance sheet contribute to its positive outlook. While CDRE shows promise, some AI stocks offer greater potential for returns in a shorter time frame. Investors can explore a report on the cheapest AI stock for potential gains. The company’s performance, acquisitions, and growth initiatives position it as a strong investment in the law enforcement sector.



Read more at Yahoo Finance: Among the Best Prison and Law Enforcement Stocks to Buy According to Analysts