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

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.

Stanley Black & Decker ( SWK) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods laggard. The sector as a whole closed the day down 0.2%. By the end of trading, Stanley Black & Decker fell $1.05 (-1.1%) to $91.31 on heavy volume. Throughout the day, 1,618,361 shares of Stanley Black & Decker exchanged hands as compared to its average daily volume of 937,100 shares. The stock ranged in price between $90.93-$92.18 after having opened the day at $91.79 as compared to the previous trading day's close of $92.36. Other companies within the Industrial Goods sector that declined today were: GreenHunter Resources ( GRH), down 13.0%, China Advanced Construction Materials Group ( CADC), down 8.2%, Acorn Energy ( ACFN), down 6.7% and Ballard Power Systems ( BLDP), down 5.5%.

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 $14.3 billion and is part of the industrial industry. Shares are up 21.1% year to date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Stanley Black & Decker a buy, no analysts rate it a sell, and 7 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, solid stock price performance, attractive valuation levels, compelling growth in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, China Valves Technology ( CVVT), up 23.7%, China Ming Yang Wind Power Group ( MY), up 9.8%, IntriCon Corporation ( IIN), up 6.0% and China Ceramics ( CCCL), up 5.5% , were all gainers within the industrial goods sector with KB Home ( KBH) being today's featured industrial goods sector leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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