That annoying smile on your friend’s face might be due to the fact that he owns stock in Ruger. The American gun maker’s stock price has more than doubled in the last year. According to forbes.com, “RGR has beat the Zacks Consensus Estimate in six of the last six quarters, with the beats getting significantly larger in the last two quarters. Larger beats in both absolute and percentage terms. The June 2011 quarter saw an $0.11 beat or 33% ahead of expectations and the September 2011 quarter witnessed a $0.16 beat or 40% ahead of expectations. In both instances, the stock moved higher by about 13%.” Just make sure he buys the man-sodas after your next range session. He can afford it.
