(NASDAQ: SWBI) shares quintupling in value between September 2019 and August 2020. (NYSE: RGR) shares more than doubling between August 20, and Smith & Wesson Brands, Inc. The former reported a 39% rise in sales as compared to net sales in 2019, while the latter saw its sales double in its fiscal third quarter.Īlongside these developments, both the companies also saw their shares rising, with Sturm, Ruger & Company, Inc. (NASDAQ: SWBI) saw a surge in their net sales during last year as well. (NYSE: RGR), and Smith & Wesson Brands, Inc. Major gunmakers like Sturm, Ruger & Company, Inc. As compared to 2019 numbers, there was a 60% rise in background checks on the sales of any firearms, bringing the total number of background checks to 21 million in 2020, according to the National Shooting Sports Foundation.

This buying frenzy was also propelled forward by the rising numbers of background checks being performed on firearms sales. You can skip our detailed analysis of the firearms industry, and go directly to the 5 Best Gun Stocks to Invest In.Įven before President Biden was elected into office, concerns about strictly enforced gun control and new firearm legislation had led to a surge in firearms and ammunition purchases. In this article, we will be looking at the 10 best gun stocks to invest in.

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