In the days after the Paris terrorist attacks last November, world leaders denounced the shooting massacres. On Wall Street, the money manager Louis Navellier saw a buying opportunity.
Shares of the two leading gun manufacturers, Smith & Wesson and Sturm, Ruger & Company, popped onto Mr. Navellier’s computer screen. Their stock prices were rising as a result of strong sales. He began accumulating positions in both companies.
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