Even though SWHC shares are up big year to date, it appears the shares have ample upside remaining.

FORBES: Smartphones, Tablets, The Cloud And Guns - All Growth Markets

But even more impressive to us is the revenue growth that SWHC has produced in the last few years.

FORBES: Exercise Your Right To Buy Smith & Wesson

At the current price level, we believe the potential reward outweighs the risks over the long term, and value investors should keep an eye on SWHC.

FORBES: Exercise Your Right To Buy Smith & Wesson