stock market question

[DrSicilian]

greetings-because this is Texas-curious as to your opinions
Do you think the Smith and Wesson Gun stock will go up or down based on both a Trump or Biden win?

[slocum]

I'm not an expert, but I did have sex in a Holiday Inn Express once, so I will venture an answer.

SWBI is not exactly a market out-performer. Expect it to do what the rest of the market does. The market will almost certainly go down if Biden is elected. But depending on how he runs things, it may recover before the end of his term.

If Trump is re-elected, the market will rejoice short-term, possibly for another four years. Trump has said repeatedly that China is going to pay for unleashing the corona virus on the world. To Trump, pay means money. If he is re-elected, and maybe if he isn't, I expect Trump to tell China that they can tear up all those IOU's we have been giving them in order to keep our economy going. I'm not exactly sure what effect that will have. The market will probably like it at first, but if we lose investors in other parts of the world, then maybe longer term we will suffer.

$0.02

[veggiedawg]

Gun Sales always go up when a Democratic Party President gets elected.

But if you look at venture capital and hedge fund markets, the majority bellwethers are pointing toward a Biden win (hedge funds have been shorting health insurance stocks like crazy).
Frankly, I would say the easier money is Solar and Marijuana stocks.
I like PLNHF (Planet 13) and Trulieve and Cresco Labs . Tesla will keep going up but the easy money has already been made.
Try smaller solar companies.

[quzi]

Look at the ammo companies. It's getting harder and more expensive to buy bullets.

[DocHoliday]

You are on a ****** board looking for stock tips?

[DrSicilian]

I thought an off topic about guns and Texas would be a refreshing change and a nice break ?!?! And the header at the top does say non hobby related...sooo....LOL

[KimberRio]

Well, yeah. Just like with Obama, the market will go up with everything firearms, not just S&W. Reason being, people will be concerned that the government is going to make things illegal and want to get them while they can

[Loxly]

I'm with Quzi - Buy ammo.

In a non-firearm thing. AFLAC has paid dividends every quarter for nearly 25 years.

[LintonMan]

Firearm stocks are a minefield no pun intended. Stick to more predictable companies.

[ProSlacker]

Firearm stocks are a minefield no pun intended. Stick to more predictable companies.

Exactly. Gun prices and demand soared when Obama was in office, and then crashed later. There was huge demand for guns when Covid shutdowns started, but that won't last much past the election. With the current balance on SCOTUS and the Senate being so evenly divided, there won't be any legislation that causes more panic buying. Within a year, gun sales are likely to tank due to the rush of buying.

Index funds are likely to be a better investment overall, and usually have low fees.

Just watch the yield curve for signs of a recession.