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 1.0%. By the end of trading, Stanley Black & Decker rose $1.13 (1.4%) to $79.87 on average volume. Throughout the day, 1,605,094 shares of Stanley Black & Decker exchanged hands as compared to its average daily volume of 1,459,000 shares. The stock ranged in a price between $79.16-$80.07 after having opened the day at $79.44 as compared to the previous trading day's close of $78.74. Other companies within the Industrial Goods sector that increased today were: Ballard Power Systems ( BLDP), up 31.6%, Hydrogenics Corporation ( HYGS), up 17.5%, Capstone Turbine Corporation ( CPST), up 13.6% and Columbus McKinnon Corporation ( CMCO), up 8.2%.
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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 $12.7 billion and is part of the industrial industry. The company has a P/E ratio of 30.4, above the S&P 500 P/E ratio of 17.7. Shares are up 6.4% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate Stanley Black & Decker a buy, no analysts rate it a sell, and 5 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 somewhat disappointing return on equity.

On the negative front, American Mold Guard Incorporated ( AMGI), down 64.3%, Real Goods Solar ( RSOL), down 15.7%, Cleantech Solutions International ( CLNT), down 14.4% and Intellicheck Mobilisa ( IDN), down 10.2% , were all laggards within the industrial goods sector with Ryland Group ( RYL) being today's industrial goods sector laggard.

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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