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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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| QUOTES
TO REMEMBER |
| As an individual, I believe, very strongly, that handguns should be banned and that there should be stringent, effective control of other firearms. However, as a judge, I know full well that the question of whether handguns can be sold is a political one, not an issue of products liability law, and that this is a matter for the legislatures, not the courts. The unconventional theories advanced in this case (and others) are totally without merit, a misuse of products liability laws. — Judge Buchmeyer, Patterson v. Gesellschaft, 1206 F.Supp. 1206, 1216 (N.D. Tex. 1985) |
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