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3 Manufacturing Tool Stocks With Earnings Growth Potential

·1 min read
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Players in the Zacks Manufacturing-Tools & Related Products industry have been gaining from the pandemic-induced demand for do-it-yourself, health, home & garden, security and other products. Also, strengthening e-commerce businesses as well as overall recovery in the country’s manufacturing activities have been beneficial. Any incremental spending on infrastructural development in the United States will be added advantage. However, the prevailing pandemic-related challenges, cost inflation and constraints in the supply chain (related to semiconductors) are concerning for the industry players.

Some industry players with healthy earnings prospects are Stanley Black & Decker, Inc. (SWK), Lincoln Electric Holdings, Inc. (LECO) and Kennametal Inc. (KMT).

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Stanley Black & Decker, Inc. (SWK) : Free Stock Analysis Report
 
Lincoln Electric Holdings, Inc. (LECO) : Free Stock Analysis Report
 
Kennametal Inc. (KMT) : Free Stock Analysis Report
 
Enerpac Tool Group Corp. (EPAC) : Free Stock Analysis Report
 
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