Charles Sizemore was quoted in Karen Talley’s MarketWatch article: Gun Stocks May be Losing Their Firepower:
There are reasons other than gun control to stay away from firearm stocks, some money managers say. “Today, gun stocks are definitely cheap, and they might make a fine short-term trade,” said Charles Sizemore, principal of Sizemore Capital. “But I would not be buying them as a long-term investment.”
What is missing, Mr. Sizemore said, “is the dividend that you find in most other vice industries, and particularly in tobacco and alcohol. The high and rising dividend is what has made ‘booze and smokes’ such great investments over the years.” While the companies may issue special dividends, they have so far shied away from large regular dividends.
To read the full article, follow this link.
Stocks covered in the article: $SWHC, $RGR
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