Part Time Workers Celebrate The Recovery With Soaring Gun Purchases

Tyler Durden's picture

Following continued strength in earnings (and analyst upgrades), Smith & Wesson is up 23% this morning (near three year highs). It seems all those freshly printed temporary workers are spending their hard-earned minimum wage on 'defense' instead of iPads.

*SMITH & WESSON BOOSTS REV. FORECAST                    :SWHC US

*SMITH & WESSON 3Q EPS CONT OPS 8C, EST. 4C                :SWHC


 

Earnings growth has been tremendous since the lows, as analysts upgrade expectations rapidly...