Raymond James Lifts Stanley Black & Decker (SWK) Projections Despite Weak Demand

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.

While we acknowledge the potential of SWK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

Read More: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds

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