BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Stanley Works: Ready for the Global Economic Recovery]]>http://www.bloggingstocks.com/2010/01/22/stanley-works-ready-for-the-global-economic-recovery/http://www.bloggingstocks.com/2010/01/22/stanley-works-ready-for-the-global-economic-recovery/http://www.bloggingstocks.com/2010/01/22/stanley-works-ready-for-the-global-economic-recovery/#commentsFiled under:

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.

Permalink | Email this | Comments]]>Stanley WorksSWKtoolsFri, 22 Jan 2010 18:00:00 EST<![CDATA[It's up, up and away with SWK ]]>http://www.bloggingstocks.com/2009/10/14/it-s-up-up-and-away-with-swk/http://www.bloggingstocks.com/2009/10/14/it-s-up-up-and-away-with-swk/http://www.bloggingstocks.com/2009/10/14/it-s-up-up-and-away-with-swk/#commentsFiled under:

I'm reiterating my Buy rating for Stanley Works (NYSE: SWK), first recommended on February 10, 2009 at a price of $32.88. If you bought SWK in February, you're up more than 39%.

Institutional investors (IIs) have bid-up Stanley's shares practically all year, on likely better-than-expected emerging market GDP growth and a firming U.S. economy.

Continue reading It's up, up and away with SWK

It's up, up and away with SWK originally appeared on BloggingStocks on Wed, 14 Oct 2009 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Stanley WorksSWKtoolsWed, 14 Oct 2009 17:00:00 EST<![CDATA[Closing Bell: DJIA 10K closer, but elusive (BDK, DNDN, DRIV, KBH)]]>http://www.bloggingstocks.com/2009/10/12/closing-bell-djia-10k-closer-but-elusive-bdk-dndn-driv-kbh/http://www.bloggingstocks.com/2009/10/12/closing-bell-djia-10k-closer-but-elusive-bdk-dndn-driv-kbh/http://www.bloggingstocks.com/2009/10/12/closing-bell-djia-10k-closer-but-elusive-bdk-dndn-driv-kbh/#commentsToday was an odd day considering that the bond traders were out and banks were closed for Columbus Day. There were gains most of the day ahead of earnings season, but we came down substantially off the highs. It still feels like the DJIA will crack 10,000, but the trading is getting choppy as we enter what may be the biggest earnings season in a couple years for growth investors.

Here are today's unofficial closing bell levels:

Dow 9,885.80 +20.86 (0.21%)
S&P 500 1,076.18 +4.69 (0.44%)
Nasdaq 2,139.14 -0.14 (-0.01%)

Top analyst upgrades and analyst downgrades
Top Day Trader Stocks

Continue reading Closing Bell: DJIA 10K closer, but elusive (BDK, DNDN, DRIV, KBH)

Closing Bell: DJIA 10K closer, but elusive (BDK, DNDN, DRIV, KBH) originally appeared on BloggingStocks on Mon, 12 Oct 2009 16:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BDKDNDNDRIVe-commerceKBHtoolsMon, 12 Oct 2009 16:00:00 EST<![CDATA[Time to squirrel-away a few shares of BDK]]>http://www.bloggingstocks.com/2009/08/13/time-to-squirrel-away-a-few-shares-of-bdk/http://www.bloggingstocks.com/2009/08/13/time-to-squirrel-away-a-few-shares-of-bdk/http://www.bloggingstocks.com/2009/08/13/time-to-squirrel-away-a-few-shares-of-bdk/#commentsFiled under: ,

If you prudently bottom-fished Black & Decker back in April, you're up a solid 35%.

BDK isn't as cheap as it was then, but given likely, increasing international demand, a chance for an out-sized gain is still possible, which is why I'm Reiterating my Buy rating for Black & Decker (NYSE: BDK), first recommended on April 17, 2009 at a price of about $33.

Continue reading Time to squirrel-away a few shares of BDK

Time to squirrel-away a few shares of BDK originally appeared on BloggingStocks on Thu, 13 Aug 2009 17:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>developing marketsDevelopingMarketspowertoolstoolsThu, 13 Aug 2009 17:20:00 EST<![CDATA[Reiterating: Stanley Works, on likely economic recovery ]]>http://www.bloggingstocks.com/2009/06/27/reiterating-stanley-works-on-likely-economic-recovery/http://www.bloggingstocks.com/2009/06/27/reiterating-stanley-works-on-likely-economic-recovery/http://www.bloggingstocks.com/2009/06/27/reiterating-stanley-works-on-likely-economic-recovery/#commentsFiled under: , ,

I'm reiterating my Buy rating for Stanley Works (NYSE: SWK), first recommended on February 10, 2009, at a price of $32.88.

New Britain, Conn.-based Stanley manufactures tools for professional, industrial, and consumer use, and has built a business model that's been successful for more than a hundred years. A security solutions unit accounts for about 30% of revenue, but the key revenue driver here is tools: hammers, screwdrivers, sockets, saws, and measuring tape, among other products.

Continue reading Reiterating: Stanley Works, on likely economic recovery

Reiterating: Stanley Works, on likely economic recovery originally appeared on BloggingStocks on Sat, 27 Jun 2009 12:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Stanley WorksSWKtoolsSat, 27 Jun 2009 12:10:00 EST<![CDATA[Black & Decker warrants consideration]]>http://www.bloggingstocks.com/2009/04/17/black-and-decker-warrants-consideration/http://www.bloggingstocks.com/2009/04/17/black-and-decker-warrants-consideration/http://www.bloggingstocks.com/2009/04/17/black-and-decker-warrants-consideration/#commentsFiled under: ,

It goes without saying that this market remains a market for the bold only. There are some 'greens shoots' sprouting in the economy, to cite a phrase popularized by Fed Chairman Ben Bernanke, but there still are formidable problems.

That said, no one ever made a dime by establishing stock positions when things were 99% safe: by that time, almost every stock has been bid-up. You have to prudently-bottom fish, and with this in mind, Black & Decker (NYSE: BDK) is worth a review.

Continue reading Black & Decker warrants consideration

Black & Decker warrants consideration originally appeared on BloggingStocks on Fri, 17 Apr 2009 10:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bdkpower toolstoolsFri, 17 Apr 2009 10:20:00 EST<![CDATA[Stanley Works (SWK) still does things right]]>http://www.bloggingstocks.com/2009/02/10/stanley-works-swk-still-does-things-right/http://www.bloggingstocks.com/2009/02/10/stanley-works-swk-still-does-things-right/http://www.bloggingstocks.com/2009/02/10/stanley-works-swk-still-does-things-right/#commentsFiled under:

Can one make the case for easing back into the U.S. stock market?

The U.S. recession continues, and it's likely to continue through at least Q2, and probably through Q3. Meanwhile, credit market conditions, while they've improved since last fall, they're still constrained.

Further, the U.S. Treasury Secretary Timothy Geithner announced Tuesday that the United States government will commit up to an additional $2 trillion to encourage new lending and remove toxic assets in an effort to end the credit crunch.

Continue reading Stanley Works (SWK) still does things right

Stanley Works (SWK) still does things right originally appeared on BloggingStocks on Tue, 10 Feb 2009 17:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>emerging marketshardwareStanley WorksSWKtoolsTue, 10 Feb 2009 17:30:00 EST<![CDATA[Stanley Works' lowered 2008 EPS guidance is another bearish signal for U.S. economy, market]]>http://www.bloggingstocks.com/2008/12/11/stanley-works-lowered-2008-eps-guidance-is-another-bearish-sign/http://www.bloggingstocks.com/2008/12/11/stanley-works-lowered-2008-eps-guidance-is-another-bearish-sign/http://www.bloggingstocks.com/2008/12/11/stanley-works-lowered-2008-eps-guidance-is-another-bearish-sign/#commentsFiled under: , , , ,

Many investors know about the key metrics that provide clues regarding the U.S. economy's health, and where it's likely to head, near-term.

Retail sales, housing starts, UPS (NYSE: UPS) / Fed Ex (NYSE: FDX) deliveries and, of course, those infamous corrugated box orders, all provide clues about demand at the retail and wholesale levels, and are positively correlated with increases in U.S. GDP.

Then there are those lower-profile metrics that experienced investors monitor -- and new investors are highly recommended to do so, as well. One such metric: Stanley Works (NYSE: SWK) and on Thursday the hardware and tool giant provided yet another bearish data point for the U.S economy and stock market.

New Britain, Conn.-based Stanley lowered 2008 full-year earnings guidance to $3.30-$3.40 per share, down about 35-45 cents from previous guidance, and also announced it would lay-off 2,000 employees, or about 10% of its work force, citing rapidly deteriorating business conditions. Further, Stanley said "economic conditions remain too variable to warrant issuing formal 2009 guidance at this time."

The Reuters 2008 EPS consensus estimate for Stanley is $4.30. Stanley's shares Thursday closed down $2.02 to $32.30.

Continue reading Stanley Works' lowered 2008 EPS guidance is another bearish signal for U.S. economy, market

Stanley Works' lowered 2008 EPS guidance is another bearish signal for U.S. economy, market originally appeared on BloggingStocks on Thu, 11 Dec 2008 17:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>earnings guidancehardwareinthenewsStanley WorksSWKtoolsThu, 11 Dec 2008 17:45:00 EST<![CDATA[Fastenal (FAST) nails earnings]]>http://www.bloggingstocks.com/2008/07/17/fastenal-fast-nails-earnings/http://www.bloggingstocks.com/2008/07/17/fastenal-fast-nails-earnings/http://www.bloggingstocks.com/2008/07/17/fastenal-fast-nails-earnings/#commentsFiled under: , ,

Sectors of the economy may be coming apart at the seams, but Fastenal Company (NASDAQ: FAST), distributor of nuts, bolts and all kinds of tools, is holding together nicely. Fastenal reported strong numbers for 2Q 2008. Net sales increased 16% to $604,000. (Hey, I never said this stock would topple Home Depot). More importantly, net earnings increased 26% to $76,000 and diluted EPS increased 25% to $0.51. As part of its "Pathway to Profit Initiative," Fastenal opened 112 new stores in Q1 & Q2, bringing total store locations to over 2100.

Like most other businesses, Fastenal has been hit by both the slowdown in the construction industry and the rapid rise in fuel costs. The company is reorganizing its freight service to take advantage of fuel and cost savings by using its own trucking network rather than external service providers. Additionally, the company established a centralized call center to manage accounts receivable company-wide. As a result, accounts receivable increased 14% at the same time the company reduced its bad debt expense. Fastenal repurchased 200,000 shares with plans to buy back more. The company also declared a quarterly dividend of $0.27 per share. YTD the stock has gained 14% and currently trades around $46. This one is worth a look.

Fastenal (FAST) nails earnings originally appeared on BloggingStocks on Thu, 17 Jul 2008 13:48:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>boltscall centerCallCenterearningsFASTFastenal CompanyFastenalCompanyfastenershardwareinthenewsnutstoolsThu, 17 Jul 2008 13:48:00 EST<![CDATA[Black & Decker knows that housing won't be in a slump forever]]>http://www.bloggingstocks.com/2008/05/02/black-and-decker-knows-that-housing-won-t-be-in-a-slump-forever/http://www.bloggingstocks.com/2008/05/02/black-and-decker-knows-that-housing-won-t-be-in-a-slump-forever/http://www.bloggingstocks.com/2008/05/02/black-and-decker-knows-that-housing-won-t-be-in-a-slump-forever/#commentsFiled under: ,

Readers of this space know that the investment bias is toward large-cap companies with demonstrated business models and who have a competitive advantage in established markets, preferably with a favorable global trend as a support. And with the above in mind, Black & Decker is worth a review.

The Black & Decker Corporation (NYSE: BDK) is a global manufacturer and marketer of power tools and accessories, hardware, home improvement products, and fastening systems.

In general, analysts like BDK's recent restructuring to improve productivity and operating margins. For the most part, analysts are forecasting low-single-digit sales growth for 2008 and 2009, weighed down by the housing sector's doldrums.

Continue reading Black & Decker knows that housing won't be in a slump forever

Black & Decker knows that housing won't be in a slump forever originally appeared on BloggingStocks on Fri, 02 May 2008 17:31:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BDKhardwarehome improvementhousing sectortoolsFri, 02 May 2008 17:31:00 EST<![CDATA[Black & Decker's philosophy: Power to the people]]>http://www.bloggingstocks.com/2008/02/04/black-and-decker-s-philosophy-power-to-the-people/http://www.bloggingstocks.com/2008/02/04/black-and-decker-s-philosophy-power-to-the-people/http://www.bloggingstocks.com/2008/02/04/black-and-decker-s-philosophy-power-to-the-people/#commentsFiled under: ,

The market's recent pullback has created several moderate-risk, bargain-basement-price stocks, and one worth an evaluation is Black & Decker.

The Black & Decker Corporation (NYSE: BDK) is a global manufacturer and marketer of power tools and accessories, hardware, home improvement products, and fastening systems.

Analysts expect BDK's recent restructuring to improve productivity and operating margins. In general, analysts are forecasting low-single-digit sales growth for 2008 and 2009, weighed down by the housing sector's doldrums.
Meanwhile, BDK's fastening/assembly unit business should improve somewhat, offsetting housing's likely sub-par performance, and register mid-single-digit sales growth. The Reuters FY 2008/FY 2009 EPS consensus estimates for BDK are $1.14 to $1.57.

Continue reading Black & Decker's philosophy: Power to the people

Black & Decker's philosophy: Power to the people originally appeared on BloggingStocks on Mon, 04 Feb 2008 18:12:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BDKconstructionhardwarehousingpower toolstoolsvalue playsMon, 04 Feb 2008 18:12:00 EST<![CDATA[CEO says Stanley Works (SWK) girded for recession]]>http://www.bloggingstocks.com/2008/01/31/ceo-says-stanley-works-swk-girded-for-recession/http://www.bloggingstocks.com/2008/01/31/ceo-says-stanley-works-swk-girded-for-recession/http://www.bloggingstocks.com/2008/01/31/ceo-says-stanley-works-swk-girded-for-recession/#commentsFiled under: , ,

Stanley Works logo Tool supplier Stanley Works (NYSE: SWK) remains optimistic about earnings into 2008, despite deterioration of the U.S. homebuilding market. Even in 4Q2007, when the domestic construction market softened like warm butter, Stanley Works managed to post more than respectable earnings. 4Q sales increased 15% to $1.2 billion. Diluted EPS increased 7% to $1.11, operating margins increased and free cash flow increased 89% from 4Q2006.

4Q2007 was a tough quarter in the U.S., as subprime mortgage losses ran into the billions, banks tightened credit, and construction slowed dramatically. Despite the meltdown in the U.S. market, Stanley posted double-digit sales increases in all its international markets, which helped to offset slower sales in the U.S. The story is the same for FY2007.

Overall, the company is in good shape with net sales up 12% to $4.5 billion, although only 2% of that growth is organic. More than half of the increase was due to acquisitions. FY2007 diluted EPS increased 15% to $4.00, and free cash flow increased by $99 million to $457 million. Despite forecasting an organic growth rate of 0-1%, CEO John Lundgren states that Stanley Works is well positioned to withstand a possible U.S. recession.

CEO says Stanley Works (SWK) girded for recession originally appeared on BloggingStocks on Thu, 31 Jan 2008 12:24:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>constructionDIYdo-it-yourselfhomebuildingSWKThe Stanley WorksTheStanleyWorkstoolsThu, 31 Jan 2008 12:24:00 EST<![CDATA[Stanley: Prudence, patience, profits never go out of style]]>http://www.bloggingstocks.com/2007/10/29/stanley-swk-prudence-patience-profits-never-go-out-of-style/http://www.bloggingstocks.com/2007/10/29/stanley-swk-prudence-patience-profits-never-go-out-of-style/http://www.bloggingstocks.com/2007/10/29/stanley-swk-prudence-patience-profits-never-go-out-of-style/#commentsFiled under:

With the markets in a choppy/consolidation mode (or perhaps worse), it's best to consider including a few defensive stocks in your portfolio. The Stanley Works (NYSE: SWK) is worth a review.

Stanley manufactures tools for professional, industrial, and consumer use, and has built a business model that's been successful for more than a hundred years. A security solutions unit accounts for about 20% of revenue, but the key revenue driver here is tools: hammers, screwdrivers, pliers, sockets, saws, and measuring instruments, among other products.

Stanley has endured due to the company's diversified product line, outstanding pricing framework (matching value to price), discipline regarding costs, and durability of its products. That, not surprisingly, has led to a superior brand reputation, which the company has adeptly marketed abroad: about 40% of sales are international-based. The Reuters F2007/F2008 EPS consensus estimates for SWK are $4.01 to $4.50.

Continue reading Stanley: Prudence, patience, profits never go out of style

Stanley: Prudence, patience, profits never go out of style originally appeared on BloggingStocks on Mon, 29 Oct 2007 19:38:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>commercial constructionCommercialConstructiondefensive stock picksDefensiveStockPicksemerging marketsEmergingMarketshardwarehome improvementhousingStanleyWorkstoolsMon, 29 Oct 2007 19:38:00 EST<![CDATA[Tools for Christmas: At this price, it's an investment, right?]]>http://www.bloggingstocks.com/2006/11/21/tools-for-christmas-at-this-price-its-an-investment-right/http://www.bloggingstocks.com/2006/11/21/tools-for-christmas-at-this-price-its-an-investment-right/http://www.bloggingstocks.com/2006/11/21/tools-for-christmas-at-this-price-its-an-investment-right/#commentsFiled under: ,

Looking for the perfect gift for the husband, dad, or grown son on your list? My advice: Skip the clothing racks and go straight for the hardware aisles. Another tie, sweater or pair of pajamas reeks of domesticity, comfort and a kind of quiet fading into the sunset. Instead, set his pulse to racing with a gift that shows you think he's a real man, a take-charge kind of guy, king of his castle and all that.

Some high-quality tools should do the trick. And, at these prices -- a leaked Sears circular indicates half-off sales for Craftsman tools -- quality tools are a great investment. How about a new socket wrench set, grip sander or miter saw? BFads.com is showing that you can purchase a DeWalt Heavy Duty Grip Sander for $29.99 with rebate at Ace Hardware.

The trick is to get tools that are so cool that he'll be happy to have them even if he never plans on using them. No home should be without a really nice cordless electric drill, for example. Shop at Big Lots on Black Friday and you can pick up a Stanley 150-piece "Fast Change Drill and Drive System" for $39 (listed on Gotta Deal's Black Friday site). Think of that: You get to give to give speed, drilling and driving -- all in one box!

Tools for Christmas: At this price, it's an investment, right? originally appeared on BloggingStocks on Tue, 21 Nov 2006 17:43:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>adsblackblack fridayblack friday adschristmaschristmas shoppingcraftsmandealsfridayholidayholiday shoppingshoppingtooltoolsTue, 21 Nov 2006 17:43:00 EST