It may not be the most socially conscious investment, or anywhere close, for that matter, but guns are a big, growing business in the United States.
As a recent Forbes article points out, the best time to own stocks is during debate — whether to tighten or loosen the grip on guns. The mellower the conversation becomes, the softer the sales. And, though the gun debate has tapered off in recent months, it is still a hot topic on many politicians’ “to eventually do something about” list.
Even after pushing through incredible sales and stock gains, these companies may still shoot higher, yet.
The article Guns Remain a Fortress for Your Portfolio originally appeared on Fool.com and is written by Michael Lewis.
Fool contributor Michael Lewis has no position in any stocks mentioned. The Motley Fool owns shares of Sturm, Ruger.
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