Gun Maker's Stock Doubles Bull Market Performance
The U.S. stock market is on a bull run, thanks in part to Ben Bernanke and the Fed's quantitative easing scheme.
While the broader market has experienced a 7.52 percent increase since the beginning of the year, gun maker Sturm, Ruger & Co. Inc. has more than doubled that performance.
On January 2 (the first trading day of the year), the Dow Jones Industrial Average (DJIA) closed at 13,412.55. Today, the Dow closed at 14,421.49, a 7.52 percent increase.
Ruger (RGR) closed on January 2, 2013 at $45.88 per share. At the closing bell today, Ruger ended at 53.06, a 15.65 percent increase.
Smith & Wesson Holding Corporation (SWHC) has also outperformed the market.
On the first trading day of this year, SWHC closed at $8.54 per share. Today, the share priced ended at $9.49, an 11.12 percent increase.
As the left has aggressively pursued restrictions on guns, the firearms industry has seen a boom in business with a record number of Americans purchasing guns across the nation.
The share prices of gun makers have followed suit, reaping the benefits of the gun-control hysteria.