Consider the Lightweight Compact Pistols and Lightweight Compact Revolvers Ruger sells with great success.
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Even enacted gun control has done nothing to dampen gun sales at Sturm Ruger.
On May 1, Sturm Ruger reported first quarter results and exceeded the Zacks Consensus Estimate for the 10th quarter in a row.
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Sturm, Ruger, the largest public U.S. gun company, actually stopped taking new orders this year when it could no longer meet demand.
None of this has had any lasting effect on the share price of Sturm Ruger, the only pure handgun play on the market.
Smith and Wesson and Sturm, Ruger would also be affected to a lesser degree because a majority of their business comes from pistols.
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Ruger even makes LCRs and LCPs models with pink grips.
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Ruger shares exploded by 475% in the past five years.
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The reason for George's bullishness on Sturm Ruger is the Senate's passage last Friday of the Protection of Lawful Commerce in Arms Act (S. 397) by a 65-to-31 vote.
Technically, Ruger trades 16% above its 50-day moving average.
Gun maker Sturm, Ruger clocks in at No. 4.
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George says this legislation removes a huge overhang from Ruger's shares--not just by eliminating potential liability from individual lawsuits, but because it frees management to focus on the business and not its legal affairs.
Sturm, Ruger, the largest publicly traded gun maker.
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Fundamentally, Ruger has several appealing characteristics, says George.
Sturm Ruger is operating on all cylinders.
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