Is Sturm, Ruger Stock a Buy?
Even though Sturm, Ruger (NYSE: RGR) has been going great guns this year, the firearms maker's stock is down 25% from the all-time high it hit back in August.
Although sales were up 53% in the third quarter compared with last year, profits soared fivefold, and management says demand shows no sign of letting up, the stock market has been keeping shares between $60 and $70 a share for the past three months.
Is there something brewing that wouldn't make Ruger's stock a buy? Let's take a closer look.
Source Fool.com