Stock Market, Morals, and Guns

The stock market is a major part of today's economy. While it's smart to invest in the big companies such as Disney, Apple, and Starbucks, most don't think that investing in a risky stock can actually benefit them. In the midst of making you money, stocks can also agree or disagree with your morals. Ruger Firearms is a perfect example. Gun Control is a hot topic right now and won't be going for a while. The CEO of Ruger discusses his opinion on Gun Control and encouraging people to get guns while they can, bringing in a profit. 

The actual Ruger stock (RGR) has been on a steady rise throughout the month of March, and has been going up since the beginning of the year. Selling for $53.70 USD, it's a smart investment. Recently, Ruger has also came out with an 21 pistols, shotguns, and rifles within the past year. That does not include accessories, gun parts, and ammunition. Total net sales in 2016 was $181 million. While it's no Starbucks or Disney, it may become one. Within the next few years Ruger may become one of the top stocks due to high gun command.

The CEO of Ruger, Michael Fifer,

 has been the center of media attention lately, speaking on his views of Gun Control. Arguing with the previous presidential candidate Hillary Clinton and showing his support towards the NRA, earning himself a small portion of spotlight. While in an interview in August, Fifer called out Hillary Clinton by saying "one with a very reasonable likelihood of winning the presidency, overtly stating that the Supreme Court got it wrong.... and actively campaigning against the lawful commerce in arms," To fight Clinton, Fifer donated to the RNA for every gun that is purchased, $2 will go the NRA. Granting the NRA $5 million. "We hope to call this call to action inspires our customers and all freedom-loving Americans to take action in support of the 2nd Amendment" says Fifer. While debates were still going on Ruger say a 19% spike of gun sales. Customers buying guns while they still had the chance. A great sales opportunity of you ask me. This method has been proven to work, since the same company did the same thing in 2008 when previous president Barack Obama mentioned gun control. With the new president confirming their will be no gun control in his presidency, Fifer is not worried about dropping sales. Fifer believes more people will actually take up shooting as a hobby, maybe even hunting. With 1 in 5 gun owners having more than 10, Fifer hopes sales will continue to grow. 40% of those who don't personally own a gun live someone who does. 

That goes to show you how much stocks agree or disagree with your morals. You may or may not vote for gun control, but the stock itself is a great investment. Especially since the rates are expected to keep rising. I highly encourage you to take a risk and invest in the Ruger Corporation, especially if you support Fifer and his anti gun control antics.