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It is time to return to the land of Americana. There are few brands that are more iconically American than Smith & Wesson Brands, Inc. (NASDAQ:SWBI).
Smith & Wesson
The history of Smith & Wesson dates back
Smith & Wesson Brands: The Upcoming Election Is The Ultimate Catalyst
Summary
- Smith & Wesson Brands has a rich history and recently refocused on firearms, boosting dividends and share repurchases, enhancing shareholder value.
- Despite recent challenges, SWBI offers a 4% dividend yield and trades at 12.3x forward earnings, presenting a potential value opportunity.
- The upcoming 2024 presidential election could drive firearm demand, historically boosting SWBI's sales and stock performance during election years.
- Positioned well for potential political turmoil, SWBI could see significant growth in cash flow to fund dividends and share repurchases.
REITer's Digest
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in SWBI over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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