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Anyone own Ruger stock?

competentonecompetentone Member Posts: 4,696 ✭✭✭
edited October 2001 in General Discussion
Sturm, Ruger and Company is a publicly traded company; the stock trades on the New York Stock Exchange (symbol RGR).I've owned a few shares for a few years; I bought it during the Klinton years when the stock price dropped substantially (it's never really recovered to it's old highs).As both a firearms enthusiast and shareholder I've been disappointed at the failure of Ruger to bring to market lightweight firearms using titanium. As a shareholder, it's particularly annoying since the company has significant experience working with titanium--they've been making titanium golf clubs and other castings for years. They're missing the market for concealed carry permit holders--the "shall issue" state laws have only been passed recently, but Ruger has failed to respond with products to sell to this market. Any other shareholders out there have an opinion?

Comments

  • concealedG36concealedG36 Member Posts: 3,566 ✭✭
    edited November -1
    I own some RGR. All I know is that the stock has been doing quite well lately. When CSCO and MSFT go down, RGR goes up...
  • edharoldedharold Member Posts: 465 ✭✭✭
    edited November -1
    I own a little RGR but it hasn't performed well. I think I bought it at $15 some years ago, last time I looked it was about $8. Redeeming quality is that it now pays about a 7% dividend, and has little debt. I think its pending lawsuit inhibits its stock price. Personally the only products they make that I would own is the Blackhawk series and the standard 22 auto.
  • idsman75idsman75 Member Posts: 13,398 ✭✭✭
    edited November -1
    They also sold out the 2nd Ammendment during the days preceeding the Hi-Cap magazine ban. They're not getting one red cent of my money.
  • metzmetz Member Posts: 121 ✭✭✭
    edited November -1
    I have two wood ones one synthetic and a Butler creek folder and a Hogue. I like ruger stocks.Andy
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