American Outdoor Brands Still A Buy

Summary

Smith & Wesson sales are improving after an early 2018 slump, and will continue to add cash flow to the company.

Net income is increasing on a year-over-year basis.

Strategic initiatives taken by the company will ensure its place as a leading provider of shooting and outdoor products.

Image source: aob.com

I once had a colleague relate to me a story in which her home was burglarized, and she defended herself and family with her trusty six-shooter revolver. "If Smith doesn't get you, Wesson will," she would say. Smith & Wesson has long been an American household brand known for its high quality firearms. Having been around since the 1850s, everyone is familiar with its products, and its reputation for being a leading manufacturer of firearms is well-established. Having undergone several acquisitions and mergers, S&W is now under the umbrella of American Outdoor Brands Corporation (NASDAQ:AOBC).

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