Let's see if Olin (OLN) stock is a good choice for value-oriented investors right now from multiple angles.
Holding on to popular or trending stocks for the long-term can make your portfolio a winner.
Olin (NYSE: OLN) is one of two companies that control most of the ammunition made in the U.S. (the other being Vista Outdoor). Ostensibly a specialty chemicals manufacturer, Olin's Winchester brand of ammo is one of the most popular on the market, and sales and profits are soaring. While there's a long tail of growth ahead of the company because of outsized demand, supply constraints and the war in Ukraine will exacerbate the situation.