While President Obama, Senator Joe Manchin (D-WV), Hillary Clinton, and others have been pledging gun control in 2015, investors who own stock in Sturm Ruger, Smith & Wesson Corp., and other firearm manufacturers have seen returns at approximately 70 percent.
In fact, while stocks in various areas have faltered, the stocks of gun makers have continued to shine and offer investors an opportunity for strong returns.
According to KSL.com, Smith & Wesson stock is up “over 80 percent this year,” while Ruger is up nearly 70 percent. To help readers understand the significance of these returns, KSL explains that if Smith & Wesson “were in the S&P 500, it would be the second best performer this year, behind only Netflix.”
The performance for non-firearm related stocks has been weak, at best, year-to-date, with 2015 shaping up to be the worst year for stocks in general since 2008. But Ruger is now doing more than “half a billion [dollars] in guns sales” annually, and Smith & Wesson should log over “$600 million in sales” this year alone.
For those who have been paying attention, this is good news, but it is not new news. In other words, guns did not suddenly become popular in 2015. Rather, “Smith & Wesson and Sturm Ruger stocks have given investors 300 percent gains in the past five years.” These gains are “over four times better than the return of the S&P 500. It’s even hotter than Apple’s 165 percent return over the same [five year] period.”
Follow AWR Hawkins on Twitter: @AWRHawkins. Reach him directly at awrhawkins@breitbart.com.
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