Top 10 Life Sciences Companies To Own In Right Now: Smith & Wesson Holding Corp (SWHC)
Smith & Wesson Holding Corporation (Smith & Wesson), incorporated on June 17, 1991, is a manufacturer of firearms. The Company manufactures a range of handguns, modern sporting rifles, hunting rifles, black powder firearms, handcuffs, and firearm-related products and accessories for sale to a range of customers, including gun enthusiasts, collectors, hunters, sportsmen, competitive shooters, individuals desiring home and personal protection, law enforcement and security agencies and officers, and military agencies in the United States and globally. It sell its products under the Smith & Wesson brand, the M&P brand, the Thompson/Center brand, and the Walther brand. The Company manufactures its firearm products at its facilities in Springfield, Massachusetts and Houlton, Maine. On July 26, 2012, it sold all of the assets of Smith & Wesson Security Solutions, Inc.
Firearms
During the fiscal year ended April 30, 2012 (fiscal 2012), the Company introdu ced multiple new handgun and modern sporting rifle models, and one new bolt action rifle platform. The Company's rifle introductions included the addition of the M&P15 300 Whisper to the Company's line of modern sporting rifles. As of April 30, 2012, the Company participated in three categories of the long-gun market and both core categories of the handgun market.
Handguns
The Company manufactures an variety of handgun models that include revolvers and pistols. A revolver is a handgun with a cylinder that holds the ammunition in a series of rotating chambers that are successively aligned with the barrel of the firearm during each firing cycle. There are two general types of revolvers: single-action and double-action. The Company's small-frame revolvers have been carried by law enforcement personnel and personal defense-minded citizens. The Company's revolvers are available in a variety of models and calibers, w! ith applications in virtually all profe ssional and personal markets.
The Companys M! &P15 Series of modern sporting rifles are designed to satisfy the functionality and reliability needs of global military, law enforcement, and security personnel. These rifles are also popular as sporting target rifles and are sold to consumers through the Company's sporting good distributors, retailers, and dealers. The Company has a range of product portfolio of modern sporting rifles, which includes a lower price-point, sport model, a .22 caliber model, and a fully automatic model designed for the exclusive use of military and law enforcement agencies throughout the world.
Hunting Firearms
The Company manufactures three lines of bolt-action rifles under its Thompson/Center brand consisting of several models in each line. The Company's hunting rifles are offered in 16 different calibers. Bolt-action rifles operate by the cycling of a bolt handle that allows for both the loading and unloading of rounds through a magazine fed system.
D uring fiscal 2012, the Company introduced the Dimension bolt action rifle platform. Under the Company's Thompson/Center brand, the Company also offers seven models of American-made single shot black powder, or muzzle loader, firearms. The Company offers eight models of interchangeable, single shot firearm systems that deliver numerous gun, barrel, caliber configurations, and finishes. These systems can be configured as a center-fire rifle, rim-fire rifle, shotgun, black powder firearm, or single-shot handgun for use across the entire range of big- and small-game hunting.
Handcuffs
The Company manufactures handcuffs and restraints in the United States. The Company fabricates these products from the carbon or stainless steel.
Smith & Wesson Academy
Through the Smith & Wesson Academy, the Company offers instruction designed to meet the training needs of law enforcement and security ! customers! worldwide. Classes are conducted at the Company's facility in Springfield, Massachusetts or o! n locatio! n around the world.
Specialty Services
The Company's services include forging, heat treating, finishing, and plating. It provides services to third-party customers.
The Company competes with Ruger,Taurus, Beretta, Glock, Heckler & Koch, Sig Sauer, Springfield Armory, Bushmaster, Rock River, Stag Arms, DPMS, Browning, Marlin, Remington, Ruger, Savage, Weatherby, CVA, Traditions, and Winchester.
Advisors' Opinion:- [By Rich Smith]
Editor's note: A previous version of this article incorrectly mentioned Smith & Wesson Holding Corp.(NASDAQ: SWHC) as securing a contract. That is not the case. The Fool regrets the error.
- [By Dan Caplinger]
Next Tuesday, Smith & Wesson (NASDAQ: SWHC ) will release its latest quarterly results. Despite facing a great deal of controversy following the tragic shootings at Sandy Hook Elementary School, the company hasn't suffered the drop in business demand that some expected to see, and the stock has continued to perform well despite moves from some investors to divest themselves of their holdings.
- [By Ben Levisohn]
Taser has gained 1.8% to $14.91 at 9:35. Sturm, Ruger & Co. (RGR) has risen 1.5% to $65.87, while Smith & Wesson (SWHC) is up 0.9% at $10.59.
- [By Aaron Smith]
Smith & Wesson (SWHC)'s handgun sales jumped by nearly a third at the end of last year, and Colt Manufacturing sold twelve times as many handguns early this year as it did in 2013.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-10-life-sciences-companies-to-own-in-right-now.html
No comments:
Post a Comment