CHECK THE MARKETS: Gun Stocks Rise Ahead of Obama’s Executive Action

Screen Shot 2016-01-05 at 10.13.38 AMBullets might be worth more than gold, these coming days.

Gun stocks are on a tear ahead of President Obama’s announcement that he wants to use executive orders to implement background checks for gun buyers and sellers.

Shares of Smith & Wesson and Sturm Ruger are both trading higher Tuesday morning.

PHOTO: Smith & Wessons stock started increasing in December and jumped in the hours ahead of President Obamas executive actions pertaining to background checks, which he was due to announce on Jan. 5, 2016.

Read more: ABC News

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