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Quote of the Day: Trump Slump End In Sight

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“Firearms manufacturers have seen several difficult quarters in a row, as retailer inventory inventories became bloated last year after dealers incorrectly forecasted a Clinton election win and resulting demand surge. Longer term, we expect the firearms industry to continue to display healthy long-term growth, with favorable consumer purchasing trends and potential loosening of gun control legislation. Expect order patterns to pick up by this fall.” – Aegis Capital securities Analyst Rommel Dionisio in Sure Shot: Analyst Initiates American Outdoor Brands With A Buy As Dealers Recover From Betting On Clinton Presidency [via benzinga.com]

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