Stanley Black & Decker Inc (SWK): Today's Featured Industrial Goods Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Stanley Black & Decker ( SWK) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 0.5%. By the end of trading, Stanley Black & Decker rose 85 cents (1.1%) to $76.14 on average volume. Throughout the day, 1.1 million shares of Stanley Black & Decker exchanged hands as compared to its average daily volume of 1.4 million shares. The stock ranged in a price between $75.41-$76.89 after having opened the day at $76.38 as compared to the previous trading day's close of $75.29. Other companies within the Industrial Goods sector that increased today were: Asia Pacific Wire & Cable Corp ( APWC), up 11.7%, P & F Industries ( PFIN), up 11.1%, TAT Technologies ( TATT), up 10.4%, and Jewett-Cameron Trading Company ( JCTCF), up 9%.
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Stanley Black & Decker, Inc. provides power and hand tools, mechanical access solutions, and electronic security and monitoring systems primarily in the United States, Europe, Latin America, and Canada. Stanley Black & Decker has a market cap of $12.69 billion and is part of the industrial industry. The company has a P/E ratio of 18.9, above the S&P 500 P/E ratio of 17.7. Shares are up 1.7% year to date as of the close of trading on Monday. Currently there are six analysts that rate Stanley Black & Decker a buy, no analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates Stanley Black & Decker as a buy. 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, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider Industrial Select Sector SPDR ( XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 ( DOG).

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