Towards the end of April, I made the argument that Stanley Black & Decker (NYSE:SWK) was undervalued, and that a long position on the stock would make sense for would-be investors, given robust growth in both dividends and earnings.
Fast forward to today, and we see that the stock has continued to fall further since then:
In this regard, does this make Stanley Black & Decker more attractive from a valuation standpoint, or are investors catching a proverbial “falling knife”?
Firstly, a significant reason for the decline in price will have been market-related.
Top....More>>>