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re: Gun stocks taking a beating... when to buy?

Posted on 12/18/12 at 5:03 pm to
Posted by gatorsimz
cafe risque
Member since Feb 2009
8135 posts
Posted on 12/18/12 at 5:03 pm to
quote:

Smith & Wesson down 10%


should be around 8.43/share at 9.8 P/E and .86 EPS. closed at 7.79, almost 8% off that. its P/E is lower than the industry average at 13.7 so there's potential for the stock price to increase a bit. wouldn't be surprised to see it jump back up to around $9 by the end of the year especially if there's a debt deal.
Posted by TJG210
New Orleans
Member since Aug 2006
28396 posts
Posted on 12/18/12 at 5:47 pm to
How badly would they be hurt if they go back to the Clinton Automatic ban? Do they have much exposure in that area?

(Sorry I don't know much about guns)
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