Security Stocks For New Year's Eve (TASR, SWHC)
Today is New Year's Eve, and that generally means people spending time with loved ones, having huge parties, and partaking in alcoholic beverages.
Of course we all know that when people drink, they become a little rowdy, and in some cases, downright nasty and unbearable. If these people are in large places, such as Times Square, then there is the potential for riots and huge fights to occur.
Police have to get involved and use force to break up these issues. While no one likes to think of what could potentially happen should the situations escalate, we do need to be prepared for what could happen.
If police have to use force, they could use Tasers to tame the crowd, which are made by TASER International, Inc. (NASDAQ: TASR). If the situation gets worse, there is always the potential for police to use guns, some of which are made by Smith & Wesson Holding Corporation (NASDAQ: SWHC).
No one wants to see these names be mentioned in the papers over the weekend, but we do need to be prepared for the worst.
Disclosure: no position in names mentioned
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.