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Have gun stocks, will travel? The runup in weapon makers Sturm Ruger (RGR +13.1%) and Smith...

Have gun stocks, will travel? The runup in weapon makers Sturm Ruger (RGR +13.1%) and Smith & Wesson (SWHC +12.8%) could just be getting started as the industry sees an ongoing boom in demand. In January, background checks for gun permits rose 17.3% Y/Y - marking the 20th consecutive month of increases. Recent Supreme Court decisions and the reappearance of guns in Wal-Mart have helped stoked sales numbers over the last year. RGR +43.1% YTD, SWHC +77.5%.
Comments (1)
  • Terry330
    , contributor
    Comments (867) | Send Message
     
    Why buy new, their are many guns for sale at 30% off never fired.
    22 Mar 2012, 02:28 PM Reply Like
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