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The
Below Comments Relate to this Newslink:
Many Americans have Invested in Gun Manufacturers Through Retirement Portfolios
Submitted by:
David Williamson
Website: http://libertyparkpress.com
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Despite continual debate about gun control many Americans are likely unaware of their investments in gun manufacturers. Through mutual funds, index funds and exchange-traded funds, many Americans have unknowingly invested in gun companies. After Vista Outdoor announced the sale of Savage Arms last month, American Outdoor Brands (AOB) and Sturm Ruger are the only remaining publicly traded gun manufacturing companies in the United States. AOB has a market capitalization of $465 million, while Sturm has a cap worth $765 million, making them both small-cap stocks, according to financial services firm Morningstar. |
| Comment by:
PHORTO
(8/20/2019)
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Investing in an industry that has intrinsic constitutional protection isn't a bad idea.
'Just sayin'. |
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| The right of a citizen to bear arms, in lawful defense of himself or the State, is absolute. He does not derive it from the State government. It is one of the high powers" delegated directly to the citizen, and `is excepted out of the general powers of government.' A law cannot be passed to infringe upon or impair it, because it is above the law, and independent of the lawmaking power." [Cockrum v. State, 24 Tex. 394, at 401-402 (1859)] |
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