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Gun Stocks Are Surging (RGR, SWHC, CAB)

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shotgun shells

President Obama just announced a panel to study new gun violence prevention measures.

The market is not worries — gun stocks are way up.

Sturm, Ruger is up 5 percent. Swith & Wesson is  up 8 percent.

Cabela's, which sells guns at its retail outlets, is up 2 percent.

Note that these stocks got crushed in the immediate wake of Newtown.

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