Why are you putting more faith in these guys than in IHS and those other outfits?
It's possible they'll be right, but none or very few of them thought Avigilon was going to do as well as it has this past year and they all hightailed to revise their estimates upward by a wide margin right AFTER the Q3 data came out.
That just makes for a lot more people out there watching Avigilon and trying to guess where they're going next, because that's all these guys are really doing.
I studied economics for a few years and most short term predictions are about as reliable as what you get from the weather channel. They're both basically a coin flip.
One thing I do believe is that trends are usually pretty reliable and what this 4 year trend tells us, on balance, is that things have been much brighter for Avigilon than they have been for Axis. It's possible it will reverse and we'll see Axis increase their growth rate in the future and Avigilon's drop off, but it's also possible it won't and if I had money to invest today, I'd be much more likely to invest it with Avigilon than I would with Axis.
And I wouldn't be surprised if those bank analysts were to tell you the same thing