Both of these are Kershaw pocket knives with stainless steel blades, nylon handles, straight edges, and a limited lifetime warranty, so the choice mostly comes down to size, weight, and price. The Kershaw Camshaft 1370 is priced at $39.99 and carries a 3 in blade with a 7.25 in overall length, making it the larger and heavier of the two at 3.1 oz.
The Kershaw Raygun 1427 is listed as an assisted folding knife, priced at $37.99, with a shorter 2.8 in blade, a 3.95 in closed length, and a lighter 2.3 oz weight. Its country of origin lists USA for design and quality control, with manufacturing in China, while the Camshaft lists China as its country of origin.