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Sunday, July 01, 2012

Gun Stocks Shoot Through the Roof

Given the increasingly uncertain political and economic climate, it’s no big surprise that people are continuing to buy guns in record numbers. However, at this stage it’s surpassed just an issue of being record numbers. We’d say guns are selling like hotcakes, but there might not be market data showing that hotcakes sell this fast.

24/7 Wall Street, an investment website, has news on the incredible, practically vertical rise of gun stocks over the past few years:

Records were set in annual units produced by Smith & Wesson and on annual cash generated. S&W said that these results are driven by strong sales of M&P polymer pistols and M&P modern sporting rifles.

The S&W earnings report is full of more “record-setting events” by the gun-maker that were just impossible to ignore.  The fourth quarter saw a record at $129.8 million and the company posted a record earnings of $17.8 million for its fiscal year with another record of earnings from operations of $17.8 million.

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10 comments:

  1. AnonymousJuly 1, 2012 at 12:53 PM

    Is this supposed to be a good thing?

    ReplyDelete
  2. AnonymousJuly 1, 2012 at 12:59 PM

    See....Obama's policies are helping the economy after all. Well, part of it.

    ReplyDelete
  3. AnonymousJuly 1, 2012 at 2:26 PM

    after this healthcare bill, people fear if obama gets re-elected, he's coming after our guns next.

    ReplyDelete
  4. AnonymousJuly 1, 2012 at 2:52 PM

    Yes, this will prove to be a good thing.

    ReplyDelete
  5. AnonymousJuly 1, 2012 at 3:24 PM

    Now that obamie has insured that we all have guns , just try and take them away.
    Join ole Nugent and win back America.
    Make sure you aim , don't just shoot random shots.

    ReplyDelete
  6. AnonymousJuly 1, 2012 at 3:41 PM

    And WHAT, exactly, has Obama signed into law concerning guns? Oh, that's right, concealed carry into federal parks, which W wouldn't even sign.

    ReplyDelete
  7. AnonymousJuly 1, 2012 at 4:49 PM

    Join Nugent!!? Nugent is a coward and will always be a coward.

    ReplyDelete
  8. AnonymousJuly 1, 2012 at 5:17 PM

    2:26
    He won't do it...what he will try to do is get the UN to do it.

    ReplyDelete
  9. AnonymousJuly 1, 2012 at 6:13 PM

    341-Obama also supported the ban in Chicago. That's worked out aces.

    ReplyDelete
  10. AnonymousJuly 1, 2012 at 7:33 PM

    I guess old hussien is good for something after all.

    ReplyDelete

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