07-01-2022, 11:36 AM
(07-01-2022, 10:07 AM)Marknew Wrote: Back in VSTO after selling at $48Not a bad entry on VSTO but Divmenow could be right. It could definitely go lower, but he doesn't know their Biz. They are almost half retail sporting goods and retail is absolutely toxic right now. The ammo business is over 50% of revenue/profits and still can't keep up wih demand after adding serious capacity. Margins are great. Market might not care soon. It's a growth stock with an extremely good valuation even if they missed earnings by a mile. Just have to decide if you are investing or swing trading like Divmenow. I keep a position and rake covered call dividends monthly for years now. Basis is low enough to do that.
Also got in NKE under $100 and added some oil names