Updated
Updated · MarketWatch · Apr 30
Stanley Black & Decker stock rises 2.99% and outperforms competitors
Updated
Updated · MarketWatch · Apr 30

Stanley Black & Decker stock rises 2.99% and outperforms competitors

12 articles · Updated · MarketWatch · Apr 30
  • Shares closed at $78.16 on Thursday, beating Danaher, Illinois Tool Works and Parker Hannifin as the S&P 500 gained 1.02% and the Dow rose 1.62%.
  • The advance ended a two-day losing streak, while trading volume reached 2.8 million shares, above the stock's 50-day average of 2.1 million.
  • Even after the gain, Stanley Black & Decker remained 16.29% below its 52-week high of $93.37 reached on 11 February.
With a dividend payout over 120%, is Stanley Black & Decker's 'Dividend King' status a strength or a financial risk?
SWK's stock outperformed, but how does its turnaround truly stack up against the record performance of its key rivals?
After selling a major division, can cost-cutting and buybacks fix the core weakness in its North American retail business?