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Axon simply needs to figure out how to grow revenue while controlling costs.With profitability in its line of sight, Axon should be able to deliver a handsome total return in the next few years despite the absence of a dividend payment.I anticipating my club will vote to hold Axon through 2018 to track its progress, specifically in services revenue and operating expenses.Changing one’s investment strategy isn’t always clear cut. In early 2016, my investment club opted to migrate to a DGI (dividend growth investing) philosophy. Prior to that, we more closely aligned our purchases with a GARP (growth at a reasonable price) model.
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