2016 looks like it will be a record year for gun sales. The number of NICS background checks for firearm purchases has risen annually for 18 straight months, hitting 22.2 million at the end of October versus 23.1 million in 2015.
Analysts expect Smith & Wesson (NASDAQ:SWHC) and Sturm Ruger (NYSE:RGR) — the only two publicly traded gunmakers in the U.S. — to respectively grow their revenues by 26% and 13% this year. Let’s take a look back at the five top selling handguns of the year, as listed by Gunbroker.com, and what they tell us about today’s American firearm market. Continue reading “The 5 Best-Selling Handguns of 2016”
