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The
Below Comments Relate to this Newslink:
Guns no roses for stock investors
Submitted by:
Mark A. Taff
Website: http://www.marktaff.com
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Having said that, shares in the manufacturers of handguns, shotguns and “modern sporting rifles” such as the old AR-15 had a pretty good run from July 2020 to early this year. But now it looks like they are reverting to type: low-tech metal benders with subnormal valuations.
Many of the great American gun-making names, such as Remington, Winchester, Colt and Marlin, have had at least one trip to bankruptcy courts. The two pure play gunmakers left, Sturm, Ruger & Co and Smith & Wesson Brands, have underperformed the broader indices, even though their sales hit all-time records in January.
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| Comment by:
PHORTO
(5/7/2021)
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A subscription? Really?
This post was a waste of time. |
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