More Videos
- USC Football Blog Leads All-Access Space
- Agassi Book Buzz Paying Off Early
- Yankees Team Signed Ball Selling For $3,500
- Moon Hopes To Complete Amazing Story
- These Poker Stories Are No Bluff
- Did Matsui Make Contract Money Last Night?
- Adidas Out At UCF After MJ's Son Wears Jordans
- If Yanks Win, Merchandise Will Fly Off Shelves
- Final World Series Games Big Money Makers
- What I Got Wrong About Keflezighi
RSS FEED
MOST SHARED
- Hewlett-Packard to Acquire 3Com for $2.7 Billion in Cash
- Dollar Trouble, Oil's Bubble Could Derail Recovery
- How the Droid and Google Threaten the GPS Makers
- USC Football Blog Leads All-Access Space
- HPQ to Acquire 3Com
- Shopping for Answers
- Credit Is Thawing, But Businesses Still Hesitant to Borrow
- Addicted to Easy Money?
- What to Expect From Disney Earnings?
- HP's Shot Across Cisco's Bow
- USC Football Blog Leads All-Access Space
- Clowning Around At Work
- Ahead of Earnings Disney Restructures Studio
- Nov. 11: Unusual Volume Leaders
- 3 'Clear Sailing' Mid-Caps For Investors: Strategist
- Intimate Apparel Sales Heating Up: Maidenform CEO
- A Day On The USS Harry S. Truman
- Dollar Trouble, Oil's Bubble Could Derail Recovery
- Jobless, Wal-Mart to Drive Sentiment on Thursday
- Hewlett-Packard to Acquire 3Com for $2.7 Billion in Cash
- AIG CEO: I Remain 'Totally Committed' to Firm
- CNN Anchor Lou Dobbs Says He is Leaving Network
- A Day on the USS Harry S. Truman
- How the Droid and Google Threaten the GPS Makers
- Commercial Real Estate Near Disaster: Fund Manager
- This Town Will Pay YOU $10,000 to Buy a House
Sports Biz
Text Size 
 |
Photo by: Secretly Ironic Gun Sales |
Economic insecurity combined with the fear that the new administration could curtail access to guns, apparently has people packing heat. Background checks, which strongly correlate to gun sales, hit a record high in November and that number is still climbing.
In fact, sales are so brisk that an organization called the National Shooting Sports Foundation says that some handguns, semi-automatic hunting and target rifles are “outpacing inventory.”
Gun makers Smith & Wesson [SWHC
Loading...
()
] and Sturm Ruger [RGR
Loading...
()
] are seeing great growth and the market loves that. Smith & Wesson shares are up 55 percent in the last month and Sturm Ruger stock is up 60 percent.
Meanwhile, retailers Dick’s Sporting Goods [DKS
Loading...
()
] and Cabela's [CAB
Loading...
()
] admit they’re relieved that sales of guns and related hunting items are so brisk.
Just curious if this has anything to do with the fact that more people might be hunting for their own food these days.
Questions? Comments?
Data is a real-time snapshot *Data is delayed at least 15 minutes