Possible Changes To Political Offices Could Be Good News For Gun Stocks

Matt Thalman - INO.com Contributor - ETFs


With the San Bernardino shooting still fresh in the minds of many American's, not to mention a large number of other mass shootings over just the past few years, politicians running for both state, local and Federal offices this election season have been clear which side of the gun control debate they stand on.

Regardless of whether you believe there should be tougher laws placed on firearms and ammunition in this country, one fact remains, there is no such thing as bad press for the gun business. In the four days following the San Bernardino shooting, gun sales in the state of California jumped from 12,649, during November 29 to December 2, up to 20,664. Furthermore, during the first 11 months of 2015, more than 1.51 million federal background checks for gun purchases had been performed in the state, a figure above the full 2014 count of 1.47 million.

But it's just not mass shootings are good for gun sales. Recent surveys show that American's are buying guns not just to protect themselves from others whom have weapons, but to ensure they can get the guns, accessories, and ammunition they want before politician's change current laws. And that idea of getting ahead of possible regulation is likely to get stronger the closer we get to November 8, 2016, the general Presidential Election date. Continue reading "Possible Changes To Political Offices Could Be Good News For Gun Stocks"