May 31, 2006
Stock to Watch — Smith & Wesson (SWB)
SWB moved to a new high on nearly three times average volume (on an otherwise very ugly day). I refuse to make a crack about a jump in handgun sales coinciding with a market top.
Smith & Wesson Holding Corporation, through its wholly owned subsidiary, Smith & Wesson Corp., manufactures handguns, law enforcement products, and firearm safety/security products. It also provides shooter protection, knives, apparel, footwear, and other accessory lines. The company was founded by Horace Smith and Daniel B. Wesson in 1852. Smith & Wesson is based in Springfield, Massachusetts.
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