#6 - Big 5 Sporting Goods (NASDAQ:BGFV)
Like Sportsman’s Warehouse, Big 5 Sporting Goods (NASDAQ:BGFV) is not a gun manufacturer, but a retailer. And they’re not even a major seller of handguns. The company mostly deals with shotguns and bolt-action hunting rifles.
As you might expect then, BGFV stock has not benefited in the same way as some other gun stocks. But it has ticked up a little in the past month. Like all retailers, Big 5 will be feeling the pinch of store closures and less foot traffic while the country stays sheltered in place. However, because they sell more than guns, they may benefit from increased demand.
For example, many customers may be looking to Big 5 stores as a way of building up their home gym equipment. And as they do, some of those customers may find the store a more “discreet” alternative to shopping at a gun store.
Analysts have stayed away from BGFV stock. And of all the stocks in this presentation, BGFV’s stock chart is the only one to show the bearish death cross. Those are more than ample reasons to stay away from the stock. After all, none of the stocks in this presentation are really expensive. However, with the share price at penny stock levels, the stock may be an interesting contrarian play.
About Big 5 Sporting Goods
Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States. Its products include athletic shoes, apparel, and accessories. The company also offers a selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, and winter and summer recreation, as well as home recreation.
Read More - Current Price
- $1.62
- Consensus Rating
- N/A
- Ratings Breakdown
- 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
