Wall Street Is Sleeping on This Dividend King Industrial Stock, and That's Your Opportunity

Shares of Stanley Black & Decker (NYSE: SWK) have lost roughly two-thirds of their value since peaking in 2021. The stock has been largely ignored by Wall Street for years. But you shouldn't sleep on the business reset that the company has been working on, even though new headwinds have cropped up.Stanley Black & Decker's big problem was a debt-fueled acquisition spree, which expanded the company's brand portfolio. Although it cemented its position as a dominant force in the tool business, it left behind a bloated, inefficient operation overburdened by debt. The company has been working hard to slim down, increase efficiency, and reduce leverage. That process is, in fact, largely complete.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool