*****Pay close attention to companies like Ruger (RGR) and Smith & Wesson holdings (SWBI). Both of those companies are run quite well, at least compared to Remington. I own significant amounts of both Ruger and S&W that I purchased mostly last year once the riots began after George Floyd and people got scared that there would be rioting in every town.. My cost basis on S&W is well under $10 per share and is currently trading around $18, and Ruger has done well from $37 to $68 in far less than a year. Both have dividends, and significant cash reserves, and a backlog of orders for some time in the future - basically guaranteed business - they can't make guns fast enough.
I own several Remington products, kinda old school stuff, but could see a definite decline in quality control over the years coupled with mismanagement, etc.. VSTO (Vista Outdoors) basically has a license to print money at this point with their acquisition of that Remington ammo plant in Arkansas. That plant is basically running 100% capacity and not even putting a dent in demand for ammo. Currently trading at $31 per share or so. It's more of a long term investment, as they have significant debt to service, and with interest rates possibly rising this may be problematic for borrowing more money, and issuing more stock will dilute their EPS, which is in negative territory already.
Anyway, just my thoughts as I own all three of those companies stock, and have for some time.
