This Gun Stock Just Broke $1 Billion in Sales
The market reacted with shock and surprise to Smith & Wesson Brands' (NASDAQ: SWBI) big quarterly earnings beat, sending the gunmaker's stock soaring 17% on the news, but it was easy to see what was coming had you been paying attention.
The massive growth in firearms sales both last year and today should have been the first indication Smith & Wesson was going to shoot out the lights, and there's a good chance this trend is on target for further growth.
Image source: Getty Images.
Source Fool.com