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Why Sturm, Ruger Is Up 62% in the First Half of 2020


The same factors that mired Sturm, Ruger (NYSE: RGR) in a three-year slump between 2017 and 2019 are now behind what may turn out to be a tectonic shift that could last for several years.

Ruger stock is up 61.6% over the first six months of 2020, according to data provided by S&P Global Market Intelligence, and we're seeing pressure from tidal forces mount higher in 2020. They may be unleashed with a thunderous roar on the gunmaker's earnings for many quarters to come.

Image source: Getty Images.

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Source Fool.com

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