RGR: Shooting For Growth: Sturm, Ruger, & Co.

Is why I own a bit of it….And would like more..

Shooting For Growth: Sturm, Ruger, & Co.

by George Liu

It’s not every day that an iconic American company that has been around since 1949 is forced to stop taking orders until “the end of May” due to overwhelming demand. Sturm, Ruger & Co. (RGR), the U.S. firearms company with a 974.4M market cap has done exactly that. Due to extremely positive Q1 sales of over 1M units, Sturm, Ruger &Co. has temporarily suspended acceptance of new orders because it cannot keep up with demand. The company, which operates in the consumer goods sector, is currently benefiting from a huge surge in interest of firearms, a surge which has been catalyzed by a variety of factors, from election fears to economic conditions and legislative as well as judicial action. Sturm, Ruger & Co. has been riding high, experiencing a 52.3% gain in its stock price YTD and hovering near its 52-week high of $53.29. read more »

More on RGR:
Sturm, Ruger: A Stock That Benefits From Economic Fear by Nicholas Pardini
Sturm, Ruger Looks Better Than Gold by Bill Gunderson
Mention of Gun Control Drives Sturm, Ruger & Co.’s Sales Upward by YCharts

Other articles that mention RGR:
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