"Civil War is never a phrase I want to hear, which is why SWBI is on my watchlist this week." Bryan Bottarelli, Head Trade Tactician, Monument Traders Alliance It's no secret the United States has been politically divided for some time. And those political tensions are still rising. To give you an idea… The Department of Homeland Security recently reported increased "online chatter" from political extremists preparing for what they imagine to be an imminent "Civil War." Another recent survey by YouGov revealed 84 percent of Americans feel the country is more divided than it was 10 years ago. This is obviously a cause for concern. And while I don't condone violence, I do believe in taking what the markets are giving me. Which is why Smith and Wesson (SWBI) is one of my top watchlist picks ahead of the election. SWBI is an American firearm manufacturer based in Maryville Tennessee. The gun provider has been around for more than 172 years, and currently has a market value of around $880 million. As you'll see in the chart above, SWBI is trending up as we get closer to the election. While nobody really knows exactly what's going to happen, it's likely tensions will be high, and a company like SWBI could stand to benefit. |
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