Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Here’s Why General Electric, RR Donnelley, Taser, and More Are Trending

Smith & Wesson Holding Corp (NASDAQ:SWHC) shares have fallen by 3.85% this morning after the company’s proposed Modular Handgun System to replace the current M9 failed to advance to the next stage in terms of bidding/competition. Although Smith & Wesson’s management never included potential sales from the Modular Handgun System in the company’s financial guidance, some traders in the market clearly did and were disappointed by the news. 20 funds that we track were long Smith & Wesson Holding Corp (NASDAQ:SWHC) at the end of the second quarter, down by four quarter-over-quarter.

Follow Smith & Wesson Brands Inc. (NASDAQ:AOBC)
Trade (NASDAQ:AOBC) Now!

Sturm, Ruger & Company (NYSE:RGR) is trending after another mass shooting occurred, this time in Washington State. The shootings happened on Friday at a mall in Burlington, north of Seattle, which led to the deaths of five people. In past instances, gun stocks have rallied due to news of shootings, as some civilians buy more guns to protect themselves. Whether a noteworthy rally will happen again given the spate of shooting incidents over the past year is debatable, and does not appear to be the case in early morning trading. The number of funds with holdings in Sturm, Ruger & Company (NYSE:RGR) fell by one during the second quarter to 16 at the end of June.

Follow Sturm Ruger & Co Inc (NYSE:RGR)
Trade (NYSE:RGR) Now!

In addition to Sturm, Ruger & Company, traders will be watching TASER International, Inc. (NASDAQ:TASR) on Monday as controversy continues to swirl around the shooting of a Charlotte man by police after the victim’s wife released phone footage of the incident. Because the policeman who shot the civilian did not have a body camera on, the police could not conclusively prove (as of yet) that the man who was shot was carrying a gun. Some traders think demand for police body cameras will likely increase due to the event. Ten of the funds that we track owned $54.85 million of TASER International, Inc. (NASDAQ:TASR) shares at the end of June, which accounted for 4.20% of the float on June 30.

Follow Axon Enterprise Inc. (NASDAQ:AAXN)
Trade (NASDAQ:AAXN) Now!

Disclosure: None

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.