He’s Good For One Private Sector Business

 

   “Gun maker stocks surged on early Wednesday morning as President Barack Obama’s re-election has stoked fears of tighter gun control measures in his second term.

Shares of the top two U.S. gun manufacturers Smith & Wesson and Sturm Ruger exploded early Wednesday morning, reports Investor’s Business Daily.

“The re-election of President Obama should drive political firearm sales,” said Benchmark & Co analyst Mike Greene.”