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Does the Pandemic Make American Outdoor Brands a Buy?

Does the Pandemic Make American Outdoor Brands a Buy?

Although the decision to spin off American Outdoor Brands (NASDAQ: AOUT) from former parent Smith & Wesson Brands (NASDAQ: SWBI) was made before the COVID-19 pandemic, the outdoor gear and accessories maker was able to capitalize on the opportunity of more people looking for outside activities. The outdoor gear company has a nice tailwind behind it, but prior to the coronavirus outbreak it was struggling to gain traction. Investors need to ask: If widespread distribution of vaccines allows for a return to a semblance of normalcy in our daily lives, does that mean American Outdoor Brands will also revert to its prior slow-growth state?