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Benchmark sees the re-election of President Obama as an event that could drive sales for Sturm,...

Benchmark sees the re-election of President Obama as an event that could drive sales for Sturm, Ruger (RGR +3.3%) and Smith & Wesson (SWHC +9.1%) higher into 2013 and beyond. Though the firm expects underlying long-term organic growth in the sector to continue, it also sees "political" buying due to fears gun laws could become more restrictive.
Comments (4)
  • Ah yes. I remember when Obama won his first term, the right wing fringe went apoplectic about what the new gubmint was going to do. It drove record business for guns and ammo. And then the Obama administration did... pretty much nothing to impact the ability to own guns.
    7 Nov 2012, 11:52 AM Reply Like
  • http://bit.ly/S0FdpF

     

    Its not a fringe...follow that link and you will see that 55% of R households own guns and 43% of D households own guns...So you are easily talking about 50-60 million...Personally, I live in the South, and EVERYONE down here has at least one gun, most have several...so I think Gallup is WAY off on this score. People arent stupid. When a stranger calls em up and says hey, how many guns do you own? they are likely to say none...the 2nd Amendment is alive and well...for now.
    8 Nov 2012, 11:45 AM Reply Like
  • I am buying more SW not only because of my hopes of growth, but because this is a fine American company which produces a fine product -- exceptional in terms of reliability, finish, state of the art design, construction, value, and warranty. I wish our country would produce other products -- such as automobiles and electronics this fine. I like purchasing and investing in the very best (I own two SM MP40s and a Mercedes) and would much prefer American made. (At least the Mercedes is mostly made in the U.S).
    7 Nov 2012, 02:43 PM Reply Like
  • Didn't Benchmark just downgrade RGR? I agree with colrick...I buy RGR because they are a fine company...same as SWHC. It's fun to make money on the stock then go out and buy their products!
    7 Nov 2012, 04:38 PM Reply Like
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