Smith & Wesson CEO video on CNBC's Fast Money
Posted: Wed Jul 15, 2009 11:04 am
http://www.cnbc.com/id/31911234" onclick="window.open(this.href);return false;
The above link will take you to a CNBC.com page which includes a text story
and a 3 minute, 19 second video from 7/14/09's "Fast Money" show on CNBC TV.
This 60 minute show comes on twice a day and discusses the stock market.
Some highlights: Smith and Wesson (ticker symbol SWHC) sold $99.5 million in a recent
year.
Its stock is up 130% in 2009.
Smith and Wesson will be bidding on new weapon replacements for the US military.
The Beretta is 25 years old. The M4 will be replaced also.
Smith and Wesson was caught flat-footed in the police market when the switch from
revolvers to semi-auto's happened, but now the M & P line has resulted in recent large
police sales to Detroit, Milwaukee, and Raleigh, NC, + many more.
They also have a new tactical rifle that has enjoyed high sales.
At least one of the analysts on the show recommended SWHC as a "buy".
The above link will take you to a CNBC.com page which includes a text story
and a 3 minute, 19 second video from 7/14/09's "Fast Money" show on CNBC TV.
This 60 minute show comes on twice a day and discusses the stock market.
Some highlights: Smith and Wesson (ticker symbol SWHC) sold $99.5 million in a recent
year.
Its stock is up 130% in 2009.
Smith and Wesson will be bidding on new weapon replacements for the US military.
The Beretta is 25 years old. The M4 will be replaced also.
Smith and Wesson was caught flat-footed in the police market when the switch from
revolvers to semi-auto's happened, but now the M & P line has resulted in recent large
police sales to Detroit, Milwaukee, and Raleigh, NC, + many more.
They also have a new tactical rifle that has enjoyed high sales.
At least one of the analysts on the show recommended SWHC as a "buy".
