Here's Why Hold Strategy is Apt for Stanley Black Stock Right Now
Stanley Black & Decker, Inc. (SWK) is witnessing persistent strength in the Tools & Outdoor segment, driven by strong momentum in its DEWALT business and a solid holiday season. Growing popularity for the company’s several brands like powershift, Construction Jack and toughsystem, along with new product launches, is driving its DEWALT business. However, softness in the DIY market and depressing demand for power tools remain concerning. The segment’s organic revenues in the fourth quarter of 2024 increased 3 ...