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NAT’L – INDUSTRY INSIDER – 7 Gun Stocks to Buy During the Coronavirus Pandemic

During times of crisis, most Americans rise to the challenge, exemplifying why the U.S. is the greatest country on earth. However, not everything is so magnanimous about our nation. With the impact of the novel coronavirus comes fear and scapegoating, leading many law-abiding citizens to take precautions. As a result, you can find a cynical investment catalyst through gun stocks to buy. First, firearm sales are going through the roof. According to FBI background checks on firearm purchases, approximately 2.91 million Americans bought a gun in April. That’s up 24.7% on a year-over-year basis. While significantly down from the prior month’s tally of 3.74 million guns purchased – representing a 41.4% YOY lift – this statistic proves that fear remains a powerful emotion. Therefore, gun stocks are still very much relevant. Second, so long as the economy is deflated and tensions are high, firearm sales will likely continue breaking records up to year’s end. One of the biggest drivers for such sales is the genuine concern among Asian Americans of scapegoating and racially motivated violence. As USA Today documented on May 20, many people still hold this community responsible for the coronavirus. Worryingly, the perpetrators of this violence are not just the usual suspects (i.e. right-wing extremists). Rather, this hatred cuts across all demographic categories. Not surprisingly, countless numbers of people of Asian descent broke traditional political ideologies and purchased firearms. Again, it’s cynical, but the arrival of a new consumer base is net supportive of the following gun stocks:  [full article]

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