The ammunition shortage that's plagued the firearms industry for the last two years shows no sign of letting up. It may, in fact, intensify in the weeks and months to come, which should provide manufacturers with additional profits.
Olin (NYSE: OLN) is one of two companies that control most of the ammunition made in the U.S. (the other being Vista Outdoor ). Ostensibly a specialty chemicals manufacturer, Olin's Winchester brand of ammo is one of the most popular on the market, and sales and profits are soaring.
While there's a long tail of growth ahead of the company because of outsized demand, supply constraints and the war in Ukraine will exacerbate the situation.
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This Stock Looks Unstoppable Amid an Ammunition Shortage