Day by Day Cartoon by Chris Muir

Friday, January 1, 2016

Value of Gun Maker Stocks Nearly Doubled in 2015 Alone

From Breitbart's Big Government:
In a year marked by a relentless Democratic push for more gun control, stocks of two of the most prominent gun makers—Smith & Wesson and Sturm, Ruger & Co—saw their value nearly double.

In fact, Smith & Wesson’s stock more than doubled—going “from $9.47 to $21.98″—but Ruger fell just short of doubling by going “from $34.63 to $59.61.”

Taken together, the performance of Smith & Wesson and Ruger continued their record as “two of the best performing stocks in the US.”

As The Guardian points out, “Over the past five years, stocks of Smith & Wesson increased in value sixfold while stocks of Sturm, Ruger and Company quadrupled in value.” To put this growth in value into perspective, The Guardian reports that “Apple stock remained almost unchanged over the past year and only doubled in value over the past five years, reaching about $105 a share this year compared with $46 in 2010.”
Schadenfreude!

B. Hussain Obama may turn out to be the greatest salesman of guns in the history of the country.

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