Quote:
Originally Posted by jyl
Firearms related businesses are increasingly unattractive to investors and other financial entities.
It is not uncommon for institutional investors to require that their retained investment managers keep firearms related stocks out of the investor's portfolios. That currently means just gun manufacturers. In future I could see it including sporting goods retailers that derive a substantial amount of revenues from firearms and ammunition sales - though I haven't encountered that restriction myself (yet).
Interestingly, Cerberus has so far been unable to sell Bushmaster, a holding it decided to divest.
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Did you just make that up? While it is true that some investors make their investment decisions on ideological basis, they are on both sides of every issue. As far as the viability of businesses in the 2ed amendment space, they have been outperforming. S&W just reported record numbers. Those who are interested in returns will continue to invest, those who wish to make a political statement are free to do so. That's what makes a market.
Good investing.