10 Best Prison and Law Enforcement Stocks to Buy According to Analysts

7. Smith & Wesson Brands, Inc. (NASDAQ:SWBI)

Analyst Upside: 36.84%

Number of Hedge Fund Holders: 15

Smith & Wesson Brands, Inc. (NASDAQ:SWBI) manufactures and designs firearms, including a range of handguns, long guns, handcuffs, firearm suppressors, and other firearm-related items. The company sells its products to various customers, including law enforcement and security agencies and officers, military agencies in the United States, individuals requiring personal protection, and others. It sells its products under the Gemtech and Smith & Wesson brands.

Investors are bullish on Smith & Wesson Brands, Inc. (NASDAQ:SWBI) due to its continuous innovations. This commitment to innovation has paid off for the company, as nearly 41% of its sales in fiscal Q3 2025 came from new products introduced within the past year. This highlights the successful reception of the company’s products in the market, along with its ability to meet consumer demand with innovative offerings.

Smith & Wesson Brands, Inc. (NASDAQ:SWBI) also reported a 17.2% growth in the average selling prices (ASP) for long guns during fiscal Q3 2025. The growth was driven by higher demand for higher-priced lever rifles, which reflects a transition towards premium products in consumer preferences.