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Tuesday, Feb 12
Smith & Wesson (SWHC) and Sturm Ruger (RGR +1%) could see additional volatility tomorrow...
Smith & Wesson (SWHC) and Sturm Ruger (RGR +1%) could see additional volatility tomorrow depending upon how far President Obama goes in loading up gun control as a major topic in his State of the Union address. Despite the passionate rhetoric from both side, analysts see the most likeliest scenario on the issue is that common ground on background checks will eventually be struck between the NRA and the Obama administration. If that's the result, gun demand could cool off compared to recent months, but long-term trends could stay in play.