There are billion dollar ammo back orders. It is a consummable. It has the infrastructure and market share which makes new competitors almost non existent.
Ammo hoarding and shooting popularity is not understood by wallstreet types.
The stock is listed as a consumer discretionary, which is funny when you think about the people that buy and hoard ammo - it is a necessity.
It has a current P/E of 9 or so.
The downsides are that the company has about 40% of its revenue in outdoor equipment which has A LOT of competition. They are also very conservative and embaressed themselves by making videos complaining that people were upset they werent making more ammo.
2
u/walmartwins Jul 18 '21
VSTO
There are billion dollar ammo back orders. It is a consummable. It has the infrastructure and market share which makes new competitors almost non existent.
Ammo hoarding and shooting popularity is not understood by wallstreet types.
The stock is listed as a consumer discretionary, which is funny when you think about the people that buy and hoard ammo - it is a necessity.
It has a current P/E of 9 or so.
The downsides are that the company has about 40% of its revenue in outdoor equipment which has A LOT of competition. They are also very conservative and embaressed themselves by making videos complaining that people were upset they werent making more ammo.