5 Best Gun Stocks to Buy In 2022

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In this piece, we will take a look at the five best gun stocks to buy in 2022. For more stocks, head on over to 9 Best Gun Stocks to Buy In 2022.

5. Clarus Corporation (NASDAQ:CLAR)

Number of Hedge Fund Holders: 18

Clarus Corporation (NASDAQ:CLAR) manufactures bullets and ammunition for military and sports target shooting. The company is headquartered in Salt Lake City, Utah, the United States.

Clarus Corporation (NASDAQ:CLAR) has a fortress balance sheet with its current assets of $250 million more than three times its current liabilities of $69 million. The company’s second quarter of 2022 earnings saw its revenue grow by 57% and net income grow by a whopping 105% sequentially. During the same time, its operating income also grew by 51% to stand at a record $17.6 million.

Clarus Corporation (NASDAQ:CLAR) has also been on a strong acquisitions spree over the past couple of years which has seen its revenue more than double from 2016 to 2021. It expects 25% revenue and 27% operating income growth this year.

Clarus Corporation (NASDAQ:CLAR) pays a 2 cent dividend for a 0.78% yield. Insider Monkey’s Q2 2022 survey of 895 hedge funds saw 18 investors in the firm.



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