First, this is not a political article. Because so many people have so many strong feelings about guns and how they should be regulated, it would be helpful to know what the companies are that are involved in the production of guns, firearm accessories, and ammunition.
Once you know, you can decide whether or not you want to include or exclude them from your portfolio. You can also check the list of firearms companies against the shareholdings of any ETFs or mutual funds you might own.
There are actually over half a dozen publicly traded companies involved in this industry. For example, American Outdoor Brands (AOBC), based in Massachusetts, produces the Smith & Wesson brand of firearms. The stock trades at a low 7.7 times forward earnings, and also a very favorable 0.73 price to sales ratio.
Vista Outdoor (VSTO), a Utah company, manufactures the Savage Arms guns, and also makes Federal Premium ammunition. The stock has a forward price to earnings ratio of 17.7, and a very low P/S ratio of 0.39.
For a list of all the firearms stocks, go HERE.
Disclosure: Author didn’t own any of the above at the time the article was written.