2 Manufacturing Tool Stocks to Overcome Industry Headwinds
Stanley Black & Decker(SWK) ZACKS·2024-10-25 22:50
The Zacks Manufacturing-Tools & Related Products industry has been grappling with persistent weakness in the manufacturing sector, declines in new orders and supply-chain disruptions. The shortage of skilled labor in the United States creates concerns for the industry. However, industry players' emphasis on cost-control initiatives and investments in product development have been enabling them to be competitive in the market. Stanley Black & Decker, Inc. (SWK) and Techtronic Industries Company Limited (TTND ...