The U.S. is in the midst of a gun sales boom , but while surging sales figures for firearms manufacturers are making headlines, what is often overlooked is that there has been an equally dynamic jump in demand for ammunition. Obviously, one begets the other.
And just as leading gunmakers Smith & Wesson Brands (NASDAQ: SWBI) and Sturm, Ruger (NYSE: RGR) have found it difficult to keep pace with consumer demand for weapons, ammo companies have also found it hard to produce enough of their products. In a market experiencing white-hot growth across the board, these two stocks in particular look unstoppable.
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2 Unstoppable Stocks Poised to Benefit From the Ammunition Shortage