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| Gun stocks were winners; 60-80% returns | |
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| Tweet Topic Started: Dec 14 2013, 10:00 AM (29 Views) | |
| Pat | Dec 14 2013, 10:00 AM Post #1 |
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Fire & Ice Senior Diplomat
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According to The Wall Street Journal's Market Watch, those who bought stock in Smith & Wesson in the aftermath of the shooting at Sandy Hook Elementary, have made profits of more than 60 percent. Those who bought Sturm, Ruger & Co. stock have made profits of "nearly 80 percent. These investments beat "the overall stock market by more than two-to-one." These gains have not been lost on mutual fund companies like Vanguard and Blackrock. They too have broadened their investments in various firearm companies over the last year, as have financial firms like Capital Research and Management. |
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10:11 PM Jul 11
