Is Buying All-time Stock Like Stanley Black & Decker, Inc. (SWK) a Winning Strategy?

July 17, 2017 - By Richard Conner

Investors sentiment increased to 1.25 in 2016 Q4. Its up 0.12, from 1.13 in 2016Q3. It increased, as 50 investors sold Stanley Black & Decker, Inc. shares while 179 reduced holdings. 62 funds opened positions while 224 raised stakes. 128.28 million shares or 4.43% more from 122.84 million shares in 2016Q3 were reported.
Princeton Alpha L P holds 0.73% or 30,951 shares. First Republic Invest Management accumulated 9,450 shares. First National Co invested in 1,776 shares. Whittier holds 0% or 6 shares. Sanders Capital Limited Company has 0.47% invested in Stanley Black & Decker, Inc. (NYSE:SWK). Gavekal Limited Liability Corporation owns 86,864 shares. First Midwest National Bank Tru Division has invested 0.09% in Stanley Black & Decker, Inc. (NYSE:SWK). Pnc has invested 0.01% of its portfolio in Stanley Black & Decker, Inc. (NYSE:SWK). Victory Inc reported 0.01% in Stanley Black & Decker, Inc. (NYSE:SWK). Amica Pension Fund Board Of Trustees owns 16,133 shares. Keybank Natl Association Oh holds 0.01% or 14,928 shares. Advisor Limited Co accumulated 3,324 shares or 0.11% of the stock. Allianz Asset Mngmt Ag has invested 0.07% in Stanley Black & Decker, Inc. (NYSE:SWK). Lifeplan Grp has invested 0.19% of its portfolio in Stanley Black & Decker, Inc. (NYSE:SWK). Los Angeles Equity Rech Inc has invested 0.12% in Stanley Black & Decker, Inc. (NYSE:SWK).

Since January 26, 2017, it had 0 insider buys, and 15 selling transactions for $14.75 million activity. 3,750 Stanley Black & Decker, Inc. (NYSE:SWK) shares with value of $468,054 were sold by BEATT BRUCE H. $7.67 million worth of Stanley Black & Decker, Inc. (NYSE:SWK) shares were sold by LOREE JAMES M. Another trade for 2,561 shares valued at $326,704 was sold by Sihota Ben S. The insider McChesney Lee B sold 5,628 shares worth $731,077. Another trade for 412 shares valued at $51,500 was sold by VOELKER JOSEPH R. STAFSTROM STEVEN J sold $528,320 worth of Stanley Black & Decker, Inc. (NYSE:SWK) on Monday, March 13. Ramirez Jaime A sold 10,440 shares worth $1.46M.

The stock of Stanley Black & Decker, Inc. (NYSE:SWK) reached all time high today, Jul, 17 and still has $158.38 target or 8.00 % above today’s $146.65 share price. This indicates more upside for the $22.42 billion company. This technical setup was reported by Barchart.com. If the $158.38 PT is reached, the company will be worth $1.79 billion more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 0.28% or $0.41 during the last trading session, reaching $146.65. About 552,296 shares traded. Stanley Black & Decker, Inc. (NYSE:SWK) has risen 21.56% since July 17, 2016 and is uptrending. It has outperformed by 4.86% the S&P500.

Wall Street await Stanley Black & Decker, Inc. (NYSE:SWK) to release earnings on July, 28. Analysts forecast EPS of $1.96, up exactly $0.12 or 6.52 % from 2014’s $1.84 EPS. The expected SWK’s profit could reach $299.65M giving the stock 18.71 P/E in the case that $1.96 earnings per share is reported. After posting $1.29 EPS for the previous quarter, Stanley Black & Decker, Inc.’s analysts now forecast 51.94 % EPS growth.

Stanley Black & Decker, Inc. (NYSE:SWK) Ratings Coverage

Among 19 analysts covering Stanley Black & Decker (NYSE:SWK), 14 have Buy rating, 0 Sell and 5 Hold. Therefore 74% are positive. Stanley Black & Decker had 33 analyst reports since August 3, 2015 according to SRatingsIntel. As per Monday, August 31, the company rating was upgraded by Macquarie Research. The firm has “Buy” rating given on Friday, October 23 by Credit Agricole. The rating was maintained by Imperial Capital with “In-Line” on Friday, October 23. On Friday, October 23 the stock rating was maintained by Barclays Capital with “Equal Weight”. The firm has “Overweight” rating by KeyCorp given on Monday, April 24. CLSA downgraded Stanley Black & Decker, Inc. (NYSE:SWK) on Tuesday, December 13 to “Outperform” rating. Buckingham Research initiated the shares of SWK in report on Monday, September 21 with “Neutral” rating. As per Monday, January 30, the company rating was initiated by Barclays Capital. The company was initiated on Thursday, September 17 by UBS. Goldman Sachs initiated Stanley Black & Decker, Inc. (NYSE:SWK) on Friday, June 10 with “Neutral” rating.

More important recent Stanley Black & Decker, Inc. (NYSE:SWK) news were published by: Nasdaq.com which released: “Cobiz Investment Management, Llc Buys SPDR S&P Dividend, Stanley Black …” on July 11, 2017, also Gurufocus.com published article titled: “Cornerstone Investment Partners, LLC Buys Stanley Black & Decker Inc, Goldman …”, Zacks.com published: “Stanley Black Seeks to Grow on Organic, Inorganic Strategies” on June 23, 2017. More interesting news about Stanley Black & Decker, Inc. (NYSE:SWK) was released by: Marketwatch.com and their article: “Stanley Black & Decker stock price target raised to $150 from $145 by Instinet” with publication date: June 28, 2017.

Stanley Black & Decker, Inc. is a global well-known provider of hand tools, power tools and related accessories, mechanical access solutions, such as automatic doors and commercial locking systems, electronic security and monitoring systems, healthcare solutions, engineered fastening systems, and services and products for various industrial applications. The company has market cap of $22.42 billion. The Company’s divisions include Tools & Storage, Security and Industrial. It has a 18.74 P/E ratio. The Company’s Tools & Storage segment consists of the Power Tools and Hand Tools, Accessories and Storage businesses.

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