Curreen Capital is bullish on American Outdoor Brands stock (AUGUST)


Curreen Capital recently released its Q2 2021 letter to investors, a copy of which you can download here. The fund returned 1.4% for the quarter, underperforming its benchmark, the S&P 500 Index, which returned 8.55% for the same quarter. You should check out the Top 5 Curreen Capital Stock Picks for Investors to Buy Right Now, which could be the biggest winners this year.

In said letter, Curreen Capital highlighted a few stocks and American Outdoor Brands Inc. (NASDAQ: AOUT) is one of them. American Outdoor Brands Inc. (NASDAQ: AUG) is a manufacturer of outdoor sports accessories, firearms and other recreational products. Since the start of the year, American Outdoor Brands Inc. (NASDAQ: AOUT) has gained 50% and on September 29 it had a closing price of $ 25.50. Curreen Capital was keen to mention American Outdoor Brands Inc. (NASDAQ: AUG) in its letter to investors, although they did not say why they really liked the stock. All they said was this:

“American Outdoor is building brands in the firearms, hunting and camping accessories markets. American Outdoor was established by Smith & Wesson in August 2020. The company outperforms the competition, gaining market share in a large, fragmented and attractive market. Management reinvests the free cash flow. in the growth of the business. “

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Curreen Capital has been American Outdoor Brands Inc. (NASDAQ: AUGUST) Taurus. In January 2021, we shared Curreen Capital AUG’s thesis in this article.

Our calculations showed that American Outdoor Brands Inc. (NASDAQ: AUGUST) is not classified among the 30 most popular stocks among hedge funds.

The 10 largest stocks among hedge funds returned 231.2% between 2015 and 2020 and outperformed S&P 500 Index ETFs by more than 126 percentage points. We know it sounds amazing. You rejected our articles on major hedge fund stocks mainly because other media provided you with biased information about poor performance of hedge funds. You could have doubled the size of your nest egg by investing in the best hedge fund stocks instead of stupid S&P 500 ETFs. Here you can watch our video on the top 5 hedge fund stocks right now. All of these stocks had positive returns in 2020.

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Disclosure: none. This article originally appeared on Insider Monkey.

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