The gun trade is back on with shares of both Sturm Ruger (RGR +4.3%) and Smith & Wesson (SWHC +5.4%) both running hot. Though analysts predict that typical election year jitters will bounce around shares of gun sellers as polls gyrate, they also see that on a macro level gun ownership is gaining more widespread social acceptance. Data on FBI background checks backs up the premise, as checks stand up 20% YTD compared to last year.
The gun trade is back on with shares of both Sturm Ruger (RGR +4.3%) and Smith & Wesson...
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at CNBC.com (Dec 15, 2014)
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