An analyst with CL King & Assoc. yesterday upgraded shares of Sturm, Ruger & Co. to "strong buy" after the company's revenue soared 81 percent in the fourth quarter. "We are raising our rating, recognizing that sales are benefiting from what is clearly a one-time surge in gun sales due to the arrival of the new Democratic administration," said analyst Jim Barrett. Via AP.
« 200-pound buck breaks (into) bank, leaves deposit | Main | Half-cocked: Man shoots motorcycle parked in his spot »
February 26, 2009
TrackBack
TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00e54fc4703288340111689aff16970c
Listed below are links to weblogs that reference Ruger stock upgraded to 'strong buy':
Verify your Comment
Previewing your Comment
This is only a preview. Your comment has not yet been posted.
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment
As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.
Having trouble reading this image? View an alternate.
Comments