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New Britain, Connecticut-based Stanley Black & Decker, Inc. (SWK) provides hand tools, power tools, outdoor products, related accessories, engineered fastening systems, and several other items and services. With a market cap of $15 billion, the company's operations span the Americas, Europe, and Asia.
The tools & accessories major has substantially underperformed the broader market over the past year. Over the past 52 weeks, SWK gained 6.4%, lagging behind the S&P 500 Index’s ($SPX) 26.1% returns. In 2024, SWK is down marginally compared to SPX’s 16.5% gains on a YTD basis.