Yes, if the market as a whole goes down, a receding tide lowers all ships. Interesting thing is that the motor accessories business is one of the steadiest types of business out there. If recession comes families might go camping more rather than travelling OS. Camping is huge and has been for years now.
This is a dividend stock, and dividends is what retirees need while bond and bank deposit rates are virtually non-existent.
As one NY analyst sagely noted "We are all traders now". We have no choice.
I'm into charts these days, and this one below $10.00 looks attractive to us oldies. Likely nibble a few, but keep your powder dry for the big crash.
Sell the crap and wait for bargains if any.
SUL Price at posting:
$9.94 Sentiment: Buy Disclosure: Held
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