Infographic: The Gun Business Under Fire
Americans are stereotypically perceived to be trigger happy. So are American investors who are loving gun-related stocks right now. Demand for semi-automatics, assault rifles, and high capacity magazines has risen thanks to Obama's proposals for more stringent gun control. These profits may not be sustainable but in the meantime… [Related: Dark Side of 3D Printing: Gun Prints Are Becoming More Advanced]
Sales of firearms at Sturm, Ruger & Company (RGR) were up 60% in the first nine months. The company's backlog continues to shrink as demand continues to surge. Smith & Wesson (SWHC) provides firearms to law enforcement officials but it has seen similar rallys. RGR was up 7.17% this week while SWHC was up 3.62%.
Alliant (ATK) manufacturers military grade weaponry and has seen its shares appreciate a good 34.93% in the past 6 months. And what's the point of these weapons without ammunition? Olin (OLN) is the main player in ammunition. It has experienced steady revenue thanks to ongoing wars but continues to be dedicated to ammo.
Infographic chart: Press the play button to see how 1-year return has changed over the past two years. As you can see, the sector has fared well. This and other free tools provided by Kapitall.