Are These Gun Stocks Obama-Proof?

  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

On Wednesday, President Barack Obama and Vice President Joe Biden rolled out a wide-ranging list of executive actions regarding gun control. The event took place at the White House with an audience that included children from across the country.

In addition to the executive actions, Obama called on Congress to: ban military-style assault weapons, ban capacities of more than 10 rounds, require background checks on all gun sales and create tougher penalties for those selling guns to people who are not legally allowed to have them.

Obama said, “We can’t put this off any longer. This will not happen unless the American people demand it.” He also vowed to use “whatever weight this office holds.”

Despite the moves made by the Obama Administration, investors were pleased with the news. Gun-related stocks rallied across the board…

Start 2013 better than ever by saving time and making money with your Limited Time Offer for our highly-acclaimed Stock Picker Newsletter. Click here for our fresh Feature Stock Pick now!

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business