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Related: Culture Forums, Support ForumsAnyone buying gun company stocks in preparation for the Nov. 9 sale?
After 8 annual "Obama's coming to get your guns" sales, people will have to get even more guns for the first " Hillary's coming to get your guns" sale.
A HERETIC I AM
(24,360 posts)But to answer your question....no, not me.
Sturm Ruger
Smith and Wesson
The majority of firearms makers are privately held
TexasBushwhacker
(20,125 posts)It didn't really start climbing until Oct'11. It was $2.95 then. Now it's $25.31. Sturm Ruger did start its climb in late'08 though, but it's also high right now.
True Dough
(17,245 posts)Arguably not the most ethical investment, but one that would have done well for an individual's investment account.
TexasBushwhacker
(20,125 posts)At least some of the people who bought lots of guns figured out that in 8 years, despite their fears, Obama hadn't taken them away. I think the people who want to be armed to the teeth already are.
So the question is, what industry might see growth when Clinton is elected? I'm thinking solar energy.
True Dough
(17,245 posts)I have no intention of buying Smith & Wesson stock, or barrels, or triggers...
As for stocks that might thrive with Hillary as POTUS, I've read that Hospital Corporation of America should do well if she follows through on her promise to expand on Obamacare.
IronLionZion
(45,380 posts)since we need a Dem congress to actually pass her policies.
In that case, industries that will do well are consumer staples and discretionary, health care, solar and green energy.
Health care has been down for the last year and have already priced in a Hillary win. I hope she reigns in big pharma's prescription prices, but other sectors of the health industry will do well as more people gain access to care. This means hospital systems, health supplies, urgent care centers, etc.
shenmue
(38,506 posts)I skeered
lastlib
(23,132 posts)The bigger, the better!
UTUSN
(70,639 posts)lindysalsagal
(20,560 posts)They probably do. Since it's a group benefit, I can't do anything about it.
I could be making $$ off of all kinds of nefarious industries and not even know it.
awoke_in_2003
(34,582 posts)I will not knowingly profit off of blood money.
JustABozoOnThisBus
(23,315 posts)Wall Street already knows the result of Nov 8 and it's adjusted gun company stocks, pharmaceuticals, etc.
The bookies have spoken.