08-21-2021, 08:40 PM
[quote pid='28201' dateline='1629592546']
I sure do and don't plan on selling any time soon. Yes its had a bog run, but with that growth and PE it should continue to out perform.
I also have ASO which I just bought. PE of 6
[/quote]
There is usually a reason for a 6 PE but I don't see the catch so far after many quarters of fast growth. I expect the outdoor sports will cool off over winter other than ammo, I'll hold some shares and maybe jump back in with more in the spring. I haven't sold any yet but I need to trim if it runs again.
(08-21-2021, 02:50 PM)fenders53 Wrote: Guru
Still have those VSTO shares? The US ammo shortage was just starting to show signs of subsiding. Effective SEP 7th Russia ammo imports are banned for at least a year. Biden already signed it. Common deer hunter and target shooter ammo included. I'll do more research but pretty sure Russia is #2 behind VSTO in US market share. Not saying VSTO will run. Maybe the forward PE will be 6 instead of 8 soon lol. I didn't see this one coming.
I sure do and don't plan on selling any time soon. Yes its had a bog run, but with that growth and PE it should continue to out perform.
I also have ASO which I just bought. PE of 6
[/quote]
There is usually a reason for a 6 PE but I don't see the catch so far after many quarters of fast growth. I expect the outdoor sports will cool off over winter other than ammo, I'll hold some shares and maybe jump back in with more in the spring. I haven't sold any yet but I need to trim if it runs again.