While the White House and Senate Democrats hammered guns and gun rights during 2013, investors put their money into gun company stocks and garnered “incredible returns.”
According to The Wall Street Journal’s Market Watch, “those who bought [stock in] Smith & Wesson in the aftermath of [the heinous crime 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.”
As Breitbart News reported on December 6th, 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.
As WSJ’s Marketwatch put it: “Gun control is dead as an issue.”