Should You Buy Smith & Wesson's Outdoor Gear Spinoff?
American Outdoor Brands is now Smith & Wesson Brands (NASDAQ: SWBI) after the company officially changed its name and ticker symbol on June 1. The gunmaker is preparing the spin off of its outdoor gear and accessories business later this year.
It's only been three and a half years since the company hung up on its storied history and buried the Smith & Wesson name under the generic branding, but it's clear the decision was misguided as the proposed synergies never materialized.
Now as the company is poised to split in two again, investors need to ask themselves whether they want to invest in Smith & Wesson, the new American Outdoor Brands, or both.
Source Fool.com
