Gun Stocks: What to Watch in 2018
2017 has been a rough year for gun stocks. Sales plummeted after the threat of regulation subsided when Donald Trump moved into the White House; most states across the country are gun-friendly as well. Ironically, gun sales are higher when the threat of regulation is high, which made the Obama years a boom time for the industry. Now shares are reversing course.
Shares of American Outdoor Brands Corp (NASDAQ: AOBC), Sturm Ruger & Company Inc (NYSE: RGR), and Vista Outdoor Inc (NYSE: VSTO) are all down this year, with Vista falling a whopping 61%. Will 2018 see a turnaround? Here's what to watch for.
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Source: Fool.com
