5 Best Gun Stocks To Buy in 2023

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In this piece, we will take a look at the five best gun stocks to buy in 2023. If you want to take a deeper look at the ammunition stocks, then check out 11 Best Gun Stocks To Buy in 2023.

5. Vista Outdoor Inc. (NYSE:VSTO)

Number of Hedge Fund Holders: 16

Ranked 5th in our list of the best gun stocks to buy in 2023, Vista Outdoor Inc. (NYSE:VSTO) develops and sells outdoor recreation and shooting sports products. It reported fiscal Q1 sales of $693 million. Vista Outdoor Inc. (NYSE:VSTO) is also planning to sell its Sporting Products segment for $1.91 billion to Czechoslovak Group. The firm said that 18 million new gun users who joined the market during the last several years are regularly using their equipment to practice, compete and hunt.

Out of 910 hedge funds profiled by Insider Monkey, 16 held stakes in Vista Outdoor Inc. (NYSE:VSTO). The largest stakeholder was Jeffrey Gates’ Gates Capital Management which owned roughly 5.5 million stakes of Vista Outdoor Inc. (NYSE:VSTO) that were worth $151.4 million.

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