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Daily Archives: April 6, 2009

Guns Stocks are Still Strong

April 6, 2009
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Guns Stocks are Still Strong

Today, I’m going to reprise a post from a few weeks ago when I wrote, “Why are gun stocks strong?  The first reason, apparently, is that many Americans fear President Barack Obama and his associates will soon make guns more difficult to buy … so they’re buying them now.  The second reason is fear of burglary and robbery, and the other crimes that tend to increase during recessionary times.” I followed that with profiles of the three top-performing stocks in the sector, Sturm, Ruger (RGR) and Smith & Wesson (SWHC), who make guns, and Cabela’s (CAB), who sells them...

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