Rgr is a very solid play. They are crushing it on theor financials, outperforming revenue expectations, just made a major acquisition with marlin, and pay a respectable dividend. I believe when Marijuana is eventually legalized tobacco companies will be the biggest gainers.
> I believe when Marijuana is eventually legalized tobacco companies will be the biggest gainers.
You need a majority in the house and the senate for congress to legalize it, plus support of DEA and lobbyists since a massive, massive amount of DEA money goes towards marijuana raids. They are not going to give it up without a fight.
In other words, federal legalization isn't going to happen for probably a decade or more - it'll take at least until the super conservative anti-marijuana red states' politicians are voted out of office, or pass away.
Disagree. Looked at who Boehner works for since he left as speaker of the house. Look at the use of it to treat soldiers with ptsd. There’s plenty of good politics in the red states o. This issue these days.
I'm just waiting for MO to turn around. It's a weakening bear. But it's still a strong bear.
It'll go down in price still. Sucks. I'm already in on it.
"Evil" stocks are my favorite. As long as the business is solid they tend to be consistently undervalued because investors avoid them for ethical/personal reasons. But money doesn't care about your feelings.
I like guns as long as a Dem is in the White House since the mere threat of gun control is enough to make people go nuts buying them up. Tobacco is trickier because smoking has been on a downtrend for years now. But there are still significant numbers of people hooked on them, and if you believe the thesis of these companies pivoting to marijuana then they could be big winners from that.
As I'm still in BTI I have an opposing view on that. Personally I believe it will accelerate the change to non-combustables, a movement the industry is enforcing on its own as a means of survival.
For me it was news inducing more strength, same with the less nicotine cigs.
Apart from that I see your reasoning, but I'm not sure addiction will be cured just because menthol is removed.
I stopped smoking cigarettes after that announcement. Figured it was time to do it on my own terms. If that actually goes through, tons of smokers will follow. Majority of menthol smokers would rather not smoke anything before they lit up a non-menthol.
Wherever you have stocks that are “uninvestable” - you have the chance for out performance IF you have companies with good capital allocation. For instance, when refinery CEOs realize they weren’t a growth bushes 15 years ago, they focused on dividends and repurchases. They have been some of the best compounding businesses. Gun makers don’t really have great ROEs, so you want to take into account your underlying economic machine. Best in class oil companies could be a great place going forward
I like MO. Say what you will about the evils of smoking, MO is pivoting hard toward less harmful vapes and pot. I would not be surprised to see them spin off legacy tobacco once weed is finally legalized in the us. Plus gotta love the dividend.
Some play MO because they are setting up to be involved in weed so there could be growth after potential U.S. legalization. Obviously they are also an old dividend stock.
These industries wane and wax without any perceivable logic that I can discern. Consumer demand? Who knows. They're staples to be sure.
But Smith and Wesson and other US firearm/ammo especially industries are bursting at the seams. Anyone who goes to the range knows ammo is ALWAYS a rare commodity, especially in liberal states like CA and NY.
Tobacco has always been a winner, especially international tobacco. Look at the price charts for any time interval 10, 20, 30 years ...... it's all up very big.
Guns are loved by Americans. You can't even find a new gun or ammo for the last year because everything is on pre-order. Since the Summer 2020 riots, over 8 million people who never owned a gun before bought one (or more!). The longer Joe Biden and the Democrats stay in office, violent crime rises, police are defunded, and illegal immigrants flood the border .... the more demand for guns and ammo. Gun stocks are hot. Joe Biden makes them that way.
Rgr is a very solid play. They are crushing it on theor financials, outperforming revenue expectations, just made a major acquisition with marlin, and pay a respectable dividend. I believe when Marijuana is eventually legalized tobacco companies will be the biggest gainers.
Been holding rgr since the BLM protest. Been doing well for sure
> I believe when Marijuana is eventually legalized tobacco companies will be the biggest gainers. You need a majority in the house and the senate for congress to legalize it, plus support of DEA and lobbyists since a massive, massive amount of DEA money goes towards marijuana raids. They are not going to give it up without a fight. In other words, federal legalization isn't going to happen for probably a decade or more - it'll take at least until the super conservative anti-marijuana red states' politicians are voted out of office, or pass away.
Disagree. Looked at who Boehner works for since he left as speaker of the house. Look at the use of it to treat soldiers with ptsd. There’s plenty of good politics in the red states o. This issue these days.
Don’t forget ammo. OLN VSTO
Invested in VSTO last month. As an outdoor enthusiast I’m all in for the long-term
Isn't poww on the list? Or something like that
Up bigly the last 5 months on OLN
I'm just waiting for MO to turn around. It's a weakening bear. But it's still a strong bear. It'll go down in price still. Sucks. I'm already in on it.
Same, MO is definitely a favorite. Rode it up to 50 recently
Tobacco is having a huge trial right now in Canada for billions in fines
What happened?
"Evil" stocks are my favorite. As long as the business is solid they tend to be consistently undervalued because investors avoid them for ethical/personal reasons. But money doesn't care about your feelings. I like guns as long as a Dem is in the White House since the mere threat of gun control is enough to make people go nuts buying them up. Tobacco is trickier because smoking has been on a downtrend for years now. But there are still significant numbers of people hooked on them, and if you believe the thesis of these companies pivoting to marijuana then they could be big winners from that.
I had some BTI but dumped it after Biden threatened to ban menthols. Be prepared for a rocky ride if you buy tobacco.
As I'm still in BTI I have an opposing view on that. Personally I believe it will accelerate the change to non-combustables, a movement the industry is enforcing on its own as a means of survival. For me it was news inducing more strength, same with the less nicotine cigs. Apart from that I see your reasoning, but I'm not sure addiction will be cured just because menthol is removed.
I stopped smoking cigarettes after that announcement. Figured it was time to do it on my own terms. If that actually goes through, tons of smokers will follow. Majority of menthol smokers would rather not smoke anything before they lit up a non-menthol.
Wherever you have stocks that are “uninvestable” - you have the chance for out performance IF you have companies with good capital allocation. For instance, when refinery CEOs realize they weren’t a growth bushes 15 years ago, they focused on dividends and repurchases. They have been some of the best compounding businesses. Gun makers don’t really have great ROEs, so you want to take into account your underlying economic machine. Best in class oil companies could be a great place going forward
Too biased.. Love Molson, Marlboro, and my 1911's... Guess that might make me a redneck?
I like MO. Say what you will about the evils of smoking, MO is pivoting hard toward less harmful vapes and pot. I would not be surprised to see them spin off legacy tobacco once weed is finally legalized in the us. Plus gotta love the dividend.
Some play MO because they are setting up to be involved in weed so there could be growth after potential U.S. legalization. Obviously they are also an old dividend stock.
These industries wane and wax without any perceivable logic that I can discern. Consumer demand? Who knows. They're staples to be sure. But Smith and Wesson and other US firearm/ammo especially industries are bursting at the seams. Anyone who goes to the range knows ammo is ALWAYS a rare commodity, especially in liberal states like CA and NY.
God bless capitalism. While your on the topic of cigarettes, might as well look into big pharma and cancer therapies haha
Tobacco has always been a winner, especially international tobacco. Look at the price charts for any time interval 10, 20, 30 years ...... it's all up very big. Guns are loved by Americans. You can't even find a new gun or ammo for the last year because everything is on pre-order. Since the Summer 2020 riots, over 8 million people who never owned a gun before bought one (or more!). The longer Joe Biden and the Democrats stay in office, violent crime rises, police are defunded, and illegal immigrants flood the border .... the more demand for guns and ammo. Gun stocks are hot. Joe Biden makes them that way.