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So what stonks are we buying?
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Gun stocks are fear based, they always jump like this when stuff like that this happens. Long term growth though, you'd have to look at fundamentals. I'll tell you what though, more and more people don't want to be invested in this industry.
Pro
Havent looked at them. But it would depend on fundamentals. Buying a stock on news like this doesn't pan out often.
The exceptions are:
1. They have solid fundamentals but are undervalued
2. People decide to go all stonks on them, but its easier to predict the right lottery numbers
Pro
Maybe short them ? Biden has taken on the NRA twice already.
Pro
Don’t you think they will rush through anti gun laws in the first 100 days?