Guns and Coal Offer the Sin of Tobacco Stocks, but Not the Quality

  • 📰 WSJ
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

Investors have forced companies in the gun and coal industries into a dilemma: Quit those now unpopular sectors—or embrace being unloved, writes jmackin2

The stock market has fallen out of love with guns and coal, and companies are having to choose: Quit the sullied industries, or follow the example of Big Tobacco and specialize in being unloved.

In the U.S., the backlash against civilian firearms last month led American Outdoor Brands to announce it would split from Smith & Wesson, following the exit from gunmaking of Vista Outdoor, owner of brands including Camp Chef barbecues, Camelbak water carriers and Giro cycling gear.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

jmackin2 Now that we have learned to harness the rays of Sun, we can stop digging for Coal. Coal is not dirty but burning it, is.

jmackin2 Excellent. I love a gap in a high profitable market. I don't care if Marxists hate me. They hate themselves, there's no winning that fight. May as well be rich.

jmackin2 The new Puritanism at work. If this is the Church of No Salvation, all the earth is but sinners in the hands of an angry broad.

jmackin2 Oh look! more propaganda by WSJ and the MSM to rally supporters to their leftist cult. News flash...coal HAS already been on its way out the door. Advances in technology have sent coal production to lowest levels in 60 years. America will also not be disarmed!

jmackin2

jmackin2 it's time to do away with them all together guys

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US

United States United States Latest News, United States United States Headlines