Smith & Wesson shares surged more than 10% to $24.15 Friday after strong quarterly earnings and rosy guidance.
The rise left investors asking if this SWHC stock price rally will last.
By Diane Alter, Contributing Writer, Money Morning -
Smith & Wesson shares surged more than 10% to $24.15 Friday after strong quarterly earnings and rosy guidance.
The rise left investors asking if this SWHC stock price rally will last.
By Diane Alter, Contributing Writer, Money Morning -
Smith & Wesson shares surged more than 10% to $24.15 Friday after strong quarterly earnings and rosy guidance.
The rise left investors asking if this SWHC stock price rally will last.
Here's what investors need to know...
By Cameron Saucier, Associate Editor, Money Morning -
Don't discredit gun stocks because they're controversial. For the past few years, gun stocks have had incredible growth.
And this year, our top three gun stock picks are already beating the S&P 500 by an average of nearly 16% through March.
By Cameron Saucier, Associate Editor, Money Morning -
While most sectors are still recovering after the market downturn in January, the firearms sector has been thriving.
The three biggest gun stocks are up a combined 60% this year. That's Sturm, Ruger & Co. (NYSE: RGR), Smith & Wesson Holding Corp. (Nasdaq: SWHC), and Vista Outdoor Inc. (NYSE: VSTO).
By Cameron Saucier, Associate Editor, Money Morning -
SWHC Stock is already up nearly 16% this year, while the S&P 500 has dropped 2%.
And there's one major trend that will cause Smith & Wesson to continue its climb.
But first, let's look at SWHC's earnings results...
By Diane Alter, Contributing Writer, Money Morning -
With Washington bent on curbing gun and ammunition availability, sales for such items are soaring across the country, as evidenced by a bang-up quarter from Smith & Wesson Holding Corp. (Nasdaq: SWHC).
SWHC stock jumped some 18% intraday Wednesday to $14.27 after reporting better than expected earnings and revenue growth Tuesday after the close.
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