Tariff Stocks: 20 Stocks to Benefit From Onshoring Boom

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

Number of Hedge Fund Holders: 32

Stanley Black & Decker, Inc. (NYSE:SWK) ranks among the stocks to benefit from an onshoring boom. Raymond James reaffirmed its Market Perform assessment of Stanley Black & Decker, Inc. (NYSE:SWK) on July 17. Citing a “generally more favorable tariff policy” in comparison to April, the firm has increased its projections for the power tool manufacturer.

The research firm emphasized that demand for Stanley Black & Decker, Inc. (NYSE:SWK)’s products “remains soft” in the present market scenario, despite with the improved tariff outlook. Concerns regarding “ongoing trade negotiations” that might place Stanley at a “further competitive disadvantage” in comparison to rival Techtronic Industries were also voiced by Raymond James.

Stanley Black & Decker, Inc. (NYSE:SWK) provides high-quality corded and cordless electric power tools and equipment for professionals, such as impact wrenches, drills, and drivers. The company offers outdoor gear, power tools, hand tools, and associated accessories for both consumer and professional use.

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