Gun Stocks Are Falling During the Biggest Sales Boom Ever. Should You Buy?
The current surge of demand in the firearms industry is unprecedented. Whether for personal protection or out of fear of further restrictions on gun ownership, people are buying more guns now than ever before.
Yet the stocks of firearms manufacturers like Smith & Wesson Brands (NASDAQ: SWBI) and Sturm, Ruger (NYSE: RGR) are not performing well. While shares have naturally bounced off the lows hit during the three-year slump of the Trump presidency, they remain well off their highs and some analysts wonder whether this is as good as it gets for the gunmakers.
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Source Fool.com
