Guns and Ammo
Ever since Obama has been re-elected demand for guns and ammunition has skyrocketed. Consumer fears that Obama will introduce more anti-gun legislation has caused people to start hoarding ammunition and guns. The article points out that when Obama was elected the first time demand for ammunition increased so much that manufacturers could not keep up with demand. This drove ammunition prices up. The same thing has happened again. Ammunition is scarce and gun manufacturer's increases in stock price have been in the double digits. Since November 6 Smith and Wesson's stock price has risen by over 16%. Ruger's has risen by an astonishing 32%!! The market seems to be overreacting to this trend and I expect stock prices to settle in the future.