From [HERE] As the protests continue in Ferguson, Missouri, over the police shooting of Michael Brown, shares of Taser International (TASR) have soared 28%. The company is most well-known for its taser guns that shock people, but it also makes wearable video cameras used by law enforcement.
Investors are betting that allegations of heavy-handed police tactics during the Ferguson conflict will spur sales of the video cameras.
The thinking is simple: If the film is rolling, a record will be made of any officer who engages in police brutality. At the same time, the videos could provide another layer of credibility for police by showing what they are seeing when they are out on patrol.
Interest in equipping police with body cameras has swelled nationwide. Pilot programs using Taser's products are underway in Los Angeles, San Francisco, Detroit, and London. New York may soon follow suit as a result of scrutiny of its controversial "stop and frisk" policing.
Even smaller police departments like Rialto, California, a city of 100,000 with a police force of 115, have been experimenting with Taser's cameras for some time. Taser is one of only main two companies currently making the cameras. The other, Vievu LLC, is private. [MORE]