Fast Money interviews S&W CEO

Steve Johnson
by Steve Johnson

CNBC’s Fast Money show talks to Michael Golden, CEO of Smith & Wesson, about the gun market and how S&W is faring.

He says that the gun market is cooling but S&W’s M&P rifles and tactical rifles are selling well. I do not dispute that S&W is doing well, but I find it hard to believe S&W, or Ruger, will be able to maintain their current stock prices. Both stocks have more than doubled since February courtesy of the gun buying frenzy.

Golden mentions the M4 competition. I expect they will have sometime more interesting up their sleeve than the M&P4, a pretty standard direct gas impingement M4 clone, which the Military Times reported a while back that S&W would be entering.

Steve Johnson
Steve Johnson

I founded TFB in 2007 and over 10 years worked tirelessly, with the help of my team, to build it up into the largest gun blog online. I retired as Editor in Chief in 2017. During my decade at TFB I was fortunate to work with the most amazing talented writers and genuinely good people!

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  • Reed Reed on Jul 17, 2009

    I have an M&P 9mm currently and aside from a broken extractor, which S&W fixed at no cost, it runs absolutely flawlessly. Also I'm curious if S&W intends to use their M&P Rifle in those military competitions that were mentioned, or if they've got something else up their sleeve.

  • D maloney D maloney on Jul 17, 2009

    Has anybody sent back their ppk for the recall and noticed its been gone three months and counting?