Shares of Stanley Black & Decker were on the move again Friday, adding another 7%, following the morning release of the Federal Reserve's favorite inflation gauge.
We've said all along that Stanley Black & Decker would benefit from lower borrowing costs.
Stanley Black & Decker brands, which also include Dewalt and Craftsman, are needed for that kind of work.
Stanley Black & Decker trim SWK YTD mountain Stanley Black & Decker YTD With Stanley Black & Decker set to deliver earnings Tuesday and its stock now up more than 10% this week, the bar for a strong quarterly print is that much higher.
That's why we're leaving a nice-sized chunk of Stanley Black & Decker shares in our portfolio going into the report.
Persons:
Stanley Black, Decker, Jim Cramer's, We've, We're, we're, Jim Cramer, Jim
Organizations:
Stanley, CNBC