On Thursday, the Supreme Court handed down a decision voiding a New York City law which banned the carrying of guns in the city without a permit. While it doesn’t make any sweeping changes to NY state law, merely punting the decision back down to a lower court for further review, it’s an indicator of a potential trend that could send firearms sales to the moon and beyond.
The two companies I’m looking at right now are set to be some of the biggest beneficiaries here, but they also both pass one of my tests for evaluating stocks in this volatile market: their balance sheets are still solid winners.
Check out this video for the tickers, and two bonus trades…
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