Yes... the stock certificates don't do much for me either...
Now, if you're talking an account full of them, we might be on to something more useful... Especially the dividends which can be turned into Lugers at will!
Kidding aside, I've recently done very well with Ruger stock. The company runs on the European manufacturing model, and has no debt. They recently built a completely new factory here in North Carolina and equipped it using accumulated cash. Even with that they pay dividends consistent with current year profits.
I attended their stock holder meeting recently, and the management is very level headed. They had analysis making it clear that political issues have been driving the marketplace intermittently for many years, making our current administration the best salesman in US history.
The interest in Lugers must track with the overall sales of firearms, which also represent new buyers being embraced by many aspects of our community. Collecting is one of them, and I believe it's been contributing to demand.
__________________
 Igitur si vis pacem, para bellum -
- Therefore if you want peace, prepare for war.
|