Stanley Black & Decker Inc (SWK): Today's Featured Industrial Winner
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day down 0.8%. By the end of trading, Stanley Black & Decker rose $1.51 (1.8%) to $84.02 on heavy volume. Throughout the day, 1,837,754 shares of Stanley Black & Decker exchanged hands as compared to its average daily volume of 1,014,300 shares. The stock ranged in a price between $83.10-$84.74 after having opened the day at $83.75 as compared to the previous trading day's close of $82.51. Other companies within the Industrial industry that increased today were:
China Recycling Energy Corporation
(
), up 13.6%,
(
), up 8.1%,
(
), up 5.8% and
(
), up 4.7%.
Stanley Black & Decker, Inc. provides power and hand tools, mechanical access solutions, and electronic security and monitoring systems for various industrial applications primarily in the United States, Canada, Europe, and Asia. Stanley Black & Decker has a market cap of $13.4 billion and is part of the industrial goods sector. Shares are up 11.5% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate Stanley Black & Decker a buy, no analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates
Stanley Black & Decker
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full Stanley Black & Decker Ratings Report.
On the negative front,
Global-Tech Advanced Innovations
(
), down 15.5%,
(
), down 15.0%,
(
), down 11.6% and
(
), down 9.9% , were all laggards within the industrial industry with
(
) being today's industrial industry laggard.
- Use our industrial section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial industry could consider
SPDR Dow Jones Industrial Average
(
) while those bearish on the industrial industry could consider
ProShares UltraShort Industrials
(
).
- Find other investment ideas from our top rated ETFs lists.
null