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What a Biden Presidency Means for the Firearms Industry

Joe Biden won't be inaugurated as president for almost two months, but investors would do well to use this time to consider the potential impact his policies would have on certain industries. Firearms manufacturers are certainly in the crosshairs as both the Democrat's campaign website and his stump speeches have specifically targeted the industry. Industry observers dubbed former president Barack Obama the greatest gun salesman ever because sales soared during his administration due to fear he would enact strict gun control legislation.