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The Boston Globe

Business

Mass. Movers

Smith & Wesson stock rises again

Smith & Wesson is based in Springfield.

Globe file photo/2010

Smith & Wesson is based in Springfield.

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Shares of Smith & Wesson Holding Corp., at just $3.12 a year ago, continued their climb. The stock is up more than 16 percent since the company’s positive September earnings announcement. Zacks Investment Research on Wednesday described the situation like this: “With a penchant for beating quarterly earnings expectations . . . and a positive outlook for fiscal 2013, this Zacks #2 Rank (Buy) firearm manufacturer offers an attractive investment opportunity for growth-seeking investors.”

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