If this works out, it will be one of the biggest breakthroughs in the history of the Czech arms factory

Czech Armaments (Colt CZ Group) is undoubtedly one of our best companies to invest in. Moreover, reports have now begun to emerge that, if confirmed, would mean a huge leap and a worldwide boom for this arms giant.

The Czech arms company is, of course, primarily engaged in the production of weapons. Source.

It is a domestic firearms manufacturer with a history of more than 80 years. Its portfolio includes the world-famous CZ pistols and Bren rifles. The most important news from the recent past is of course their acquisition of the well-known Colt and renaming it Colt CZ Group $CZG.

How is Colt CZ Group doing?

The Czech arms company currently has a market capitalization of around 20 billion crowns. Thus, from a global perspective (under $1 billion), it is not a very large company. From the perspective of our country, however, it is a company on the highest rungs. We are also currently talking about a dividend yield of around 4.5% for this company, which is not bad at all. The P/E ratio of…