The Stanley Works (SWK)
A worldwide producer of tools for professional, industrial and consumer use and security products. The Company's operations are classified into three business segments: Consumer Products, Industrial Tools, and Security Solutions.
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a good stock
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big costly acquisition of B&D at 30% premium means this company, already overpriced, is even worse now
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Happened to pick this one at a good time (buy low sell high). My score will show you this doesn't happen often.
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A top ranking S&P 500 Dividend Aristocrat.
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Great Company!!!
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Extremely cheap, good sales, good profits, good product. Tools will never become obsolete.
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The Stanley Works produces various tools and security products worldwide. The company's Construction & Do-It-Yourself segment manufactures hand tools, including measuring and leveling tools, planes, hammers, demolition tools, knives and blades, screwdrivers, saws, chisels, and consumer tackers and staples, as well as electronic leveling and measuring devices. This segment also offers consumer mechanics tools consisting of wrenches, sockets, metal tool boxes, and cabinets; storage units comprising plastic tool boxes and storage systems; pneumatic tools and fasteners used for construction, remodeling, furniture making, pallet manufacturing, and other applications; and electronic leveling and measuring tools, such as laser and optical leveling and measuring devices and accessories. Its Industrial segment offers mechanics tools and storage systems, including wrenches, sockets, electronic diagnostic tools, tool boxes, and industrial storage and retrieval systems; and plumbing, heating, air conditioning, and roofing tools comprising pipe wrenches, pliers, press fitting tools, and tubing cutters. This segment also provides hydraulic tools and accessories, including hand-held hydraulic tools and accessories, and mounted demolition hammers and compactors; assembly tools and systems comprising electric and pneumatic assembly tools; and specialty tools for assembling, repairing, and testing electronic equipment. The company's Security Solutions segment provides access and security solutions, including security integration systems, software, related installation, maintenance, monitoring services, automatic doors, door closers, exit devices, and locking mechanisms. This segment also offers hardware products that include hinges, gate hardware, cabinet pulls, hooks, braces, and shelf brackets. It sells its products through retailers and third party distributors, as well as through direct sales force. The company was founded in 1843 and is based in New Britain, Connecticut.
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Stanley generally tracks with the homebuilders, which makes sense. The homebuilders will continue to get killed.
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Strong focus on lean manufacturing methods will yield significant efficiencies over the long term. See
http://www.superfactory.com/sf20
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This CAPS account is tracking the 200 highest yielding S&P stocks.
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sector
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lots of cash; little debt. we all need tools. craftsman can't sell them all.

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