Gun Stocks Continue to Soar After Obama's Executive Orders

President Obama has been credited by many gun owners and manufacturers as being the greatest guns salesman in history. Although Obama didn't launch a direct attack on the Second Amendment and gun ownership during his first term, many thought he would and purchased firearms and ammunition in great quantities. Now that President Obama has been elected a second time with a publicized goal of an "assault" weapons ban, gun sales are through the roof. The month of December brought in a record number of gun sales and FBI background checks. Yesterday, President Obama signed 23 executive actions for gun control and gun stocks continue to soar.

Gun stocks rose Wednesday, even as President Obama called on Congress to pass an assault weapon ban.

The stock prices for Smith & Wesson Holding Co. (SWHC) and Sturm, Ruger & Co. (RGR) rose about 4%. The stock for Sturm, Ruger has risen 13% in the month since the shooting at a Newtown, Conn., elementary school that left 20 children and six educators dead.

Retailers that specialize in guns have also done well. The stock price for Cabela's (CAB) surged 6% on Wednesday and has gained 20% over the last month. Dick's Sporting Goods (DKS, Fortune 500) notched up slightly, and has gained 6% over the month.