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...