Smith And Wesson's Stock Analysis

Decent Essays
This article talks about the company Smith and Wesson whose stock is up 93% in 2015. Smith and Wesson is a gun making company and that is where most of their profits come from. Due to the tragic events that have been occurring right now, more people are buying guns. The company said in its latest conference call that strong sales are the result of increasing demand. Since 1980, the number of guns in possession in the US has essentially doubled to 350 million, according to the Bureau of Alcohol, Tobacco, Firearms and Explosives. Despite the continued growth in the total number of firearms in the US, the percentage of households that own a gun has fallen from 47% of households in 1980 to 31% of households, according to the NORC at the University

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