My wife has a few bucks sitting in HER Scottrade account. She has decided sh wants to buy either gun stocks or ammo stocks. Looking at S&W, Ruger and Olin. Thoughts.
Olin has really sucked for me, I had some of it for a while, lost money and sold it. But Ruger and S&W have done very well. Also VSTO, Vista outdoor products, owns a lot of ammo, powder and primer companies and have done very well for us. We have doubled our money on these 3 in the last year. Today wasn’t so great, only made about $100, but didn’t have to go outside and break a sweat to do it either The bank is paying .5 percent on savings. I like 50-100% return a lot better
Every time Obummer and the Hilderbeast open their mouths, gun and ammo stocks go up more. Keep on talking
Capt. Larry Teuton
Swamp Worshiper
Good companies are easy to find. Getting a good price is the hard part. Look at historical P/E and make sure you are getting a fair price, and not a bubble price.