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.
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