This Guns, Ammo Company Has A Better 1-Year Return Than Netflix, Apple, Tesla

 

Has AMMO  Outpaced Other Consumer Discretionary Stocks This Year?

Ammo Inc (symbol POWW) is an ammunition company that  sells and manufactures ammo that packs a punch at the shooting range, and the stock has packed a punch for shareholders throughout the last year.

Ammo Inc produces a type of bullet, Streak Ammunition, that creates a visual line for shooters to see the bullet’s path. Guns and ammo sales have increased significantly throughout the COVID-19 pandemic, catapulting Ammo’s stock by more than 150% throughout the last year.

Here is a comparison: Netflix Inc  stock is up from $490.65 a share to $592.39 for a return of about 20.74%.

During the same time period, Ammo Inc.’s stock went up from $2.31 to $6.30, for a return of about 172.73%.

POWW belongs to the Leisure and Recreation Products industry, a group that includes 21 individual companies.

POWW will likely be looking to continue its solid performance, so investors interested in Consumer Discretionary stocks should continue to pay close attention to the company.

For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. AMMO (POWW) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole?.

AMMO is a member of the Consumer Discretionary sector. This group includes 261 individual stocks and currently holds a Zacks Sector Rank of #6. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

Within the past quarter, the Zacks Consensus Estimate for POWW's full-year earnings has moved 23.68% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Editor Rob Longwell