Alliant Techsystems, Inc.
It's almost impossible to get definitive statistics on actual gun ownership rates in the U.S., with the Pew Research Center saying it's 37% and Gallup giving 43%. One thing the polls do point toward is more gun-owners than ever before cite protection as their primary reason for owning one, with women coming in at 65% and men at 42%.
The earnings season is set to kick off on July 8 as Alcoa gives its numbers for the last quarter. Prior to the earnings season, many investors have been focusing on big names. However, what they tend to forget is that small names are much more volatile than large names and hence provide greater potential for gains (given greater risk attached to their investments).
I have shortlisted some small- and more »
When looking to invest I always look for long-term future growth. The present demand for a current service and or product is fundamental in analyzing if a particular company is a solid investment or not.
The second largest industry in America is the U.S. Department of Defense (DoD). Fiscal year 2012 defense spending amounted to $850.7 billion. Government spending encompasses military, civil, veterans, foreign military aid, foreign economic more »
No, an IRS agent did not literally force me to sell my gun stocks. But I sold the shares of Sturm, Ruger (NYSE: RGR) and Smith & Wesson (NASDAQ: SWHC) I was holding early last week, largely because of the recent scandal surrounding the IRS.
Gunmakers have been on a fairly solid run since December. However, I'm afraid this move might be over -- the gun buying mania sparked by a more »
Increased efforts to control firearms are good for those who like guns.
Leaving aside that debate itself is a good thing, the very discussion spurs gun sales. That increases gun makers' profits and leads to higher share prices. That's why those who have invested in gun companies have spent the last several months seeing their portfolios increase in value. The over-the-top debate style of officials from the National Rifle more »
Recently, Mario Gabelli, a famous investment manager, told CNBC about two stocks that he expects will double in value. One is Gencorp (NYSE: GY), the provider of aerospace and defense products. The other is Legg Mason, the global asset management company. In this article, I will take a closer look at Gencorp to see whether or not we should follow Mario Gabelli into this stock at its current price.
Huge more »
As Gun Control Heats Up, So Do Gun Company Stocks
by T.R. Sprackland
President Obama may be seen by the National Rifle Association members as their sworn enemy, but gun manufacturers should be grateful to him. Fear of gun control has been so pervasive since his first election that buying panics continue to roil the weapons and ammunition supplies, pushing up manufacturers’s stock prices. That’s because fear more »
Today, the Obama administration debuted its latest proposals aimed at curbing gun violence. The proposal comes in the wake of several 2012 mass shootings around the United States. I won't get into the debate over gun control here, except to point out that the shootings have provided incentive for those who advocate gun control to step up their efforts. The debate is a thrice-told tale and I won't more »
I am a financial journalist, and my work is far removed from what took place in a Connecticut school the other day. However, this morning, when I sat back to write about another stock, another company, I just wanted to see how the firearm manufacturers are doing these days.
Note this is not a political article. I have no axe to grind, for or against firearm manufacturers. I am also more »
Question: What could we do with the energy of a thousand thermonuclear warheads?
Answer: Build a warp drive.
We all know faster than light travel is pure science fiction, right? The plot lines of Star Trek where Federation ships travel the galaxy and we encounter alien races on a weekly basis are just entertainment.
When the series was created the inventions looked so futuristic few expected to see them in more »
The media’s never-ending infatuation with the botched Facebook IPO last week overshadowed one of the greatest moments in spaceflight history. Space Exploration Technologies Corporation, or SpaceX, became the first private company to successfully launch and then dock a vehicle to the International Space Station (ISS). It’s not exactly walking on the moon, but it does highlight a shift in space transportation. In the very near future public companies more »