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Expect gun makers Sturm, Ruger (RGR) and Smith & Wesson (SWHC) to trade higher out of the...

Expect gun makers Sturm, Ruger (RGR) and Smith & Wesson (SWHC) to trade higher out of the gate after the Senate failed to pass legislation that would have required background checks at gun shows and online. RGR +1.23%, SWHC +4.12% premarket.
Comments (3)
  • User 9296481
    , contributor
    Comment (1) | Send Message
     
    Expect gun stocks to rise in the next few months due to lack of support for new laws. Consumers are still worried the guns and the guns are flying off the shelves, but its now a much less risky long term outlook. SWHC should see more upside than RGR because its significantly undervalued, relative to other gun stocks. Expect the earnings report to heavily outperform estimates again!

     

    Long on gun stocks.
    18 Apr 2013, 12:21 PM Reply Like
  • bboggs
    , contributor
    Comments (42) | Send Message
     
    Somebody should take SWHC private to avoid the public scrutiny and pressure.
    18 Apr 2013, 08:52 PM Reply Like
  • Rotn
    , contributor
    Comment (1) | Send Message
     
    SWHC needs to relocate to a more gun friendly state, mist gun friendly state have lower taxes and lower wages which would help SWHC's bottom line as well as improve their image.
    I think this is a great American Company with only good things in its future.
    21 Apr 2013, 10:25 AM Reply Like
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