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Saturday, January 23, 2010

Stanley Works: Ready For the Global Economic Recovery

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Experienced, prudent, and relentlessly profitable Stanley Works (SWK) has weathered the U.S./global recession in fine shape and is now poised to capitalize on the economic recovery, hence it goes without saying that I'm reiterating my buy rating for the company's shares, first recommended on February 10, 2009 at a price of $32.88. If you bought SWK in February 2009, you're up a smart 60%.

Simply, rare is the day you will find a steadier performer than New Britain, Conn.-based SWK. Tool and hardware manufacturer Stanley is sort of a microcosm of the industrial ascension of United States. Stanley is a low-profile, highly productive manufacturer of tools and hardware for consumer and industrial use: hammers, screwdrivers, saws, pliers, wood planes and measuring tape, etc. The craftsmanship and durability of it products is renowned.

Continue reading Stanley Works: Ready For the Global Economic Recovery

Stanley Works: Ready For the Global Economic Recovery originally appeared on BloggingStocks on Fri, 22 Jan 2010 18:00:00 EST. Please see our terms for use of feeds.

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