U.S. Markets close in 2 hrs 4 mins
  • S&P 500

    4,443.28
    -39.45 (-0.88%)
     
  • Dow 30

    34,556.93
    -158.46 (-0.46%)
     
  • Nasdaq

    13,974.24
    -179.78 (-1.27%)
     
  • Russell 2000

    2,014.82
    -9.22 (-0.46%)
     
  • Crude Oil

    84.99
    -0.56 (-0.65%)
     
  • Gold

    1,832.10
    -10.50 (-0.57%)
     
  • Silver

    24.36
    -0.36 (-1.44%)
     
  • EUR/USD

    1.1349
    +0.0032 (+0.2837%)
     
  • 10-Yr Bond

    1.7580
    -0.0750 (-4.09%)
     
  • Vix

    27.14
    +1.55 (+6.06%)
     
  • GBP/USD

    1.3566
    -0.0034 (-0.2483%)
     
  • USD/JPY

    113.6700
    -0.4300 (-0.3769%)
     
  • BTC-USD

    38,419.73
    -4,644.88 (-10.79%)
     
  • CMC Crypto 200

    903.22
    +660.54 (+272.19%)
     
  • FTSE 100

    7,494.13
    -90.88 (-1.20%)
     
  • Nikkei 225

    27,522.26
    -250.64 (-0.90%)
     

3 Stocks to Watch for in Prospering Manufacturing Tools Industry

·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • SWK
  • KMT

Players in the Zacks Manufacturing-Tools & Related Products industry have been benefiting from the recovery in manufacturing and economic activities in the United States and worldwide. A rise in the demand for home & garden, health, do-it-yourself, security and other products as well as a surge in the e-commerce business is also proving advantageous for the players.

However, the lingering impacts of the pandemic, as seen amid lockdowns in some parts of the world, are concerning. Supply-chain restrictions, high commodity costs, and labor and logistics issues are other woes impacting operations and margins. Three industry players that are worth a look in the industry at present are Stanley Black & Decker, Inc. SWK, Kennametal Inc. KMT, and Enerpac Tool Group Corp. EPAC.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Stanley Black & Decker, Inc. (SWK) : Free Stock Analysis Report
 
Kennametal Inc. (KMT) : Free Stock Analysis Report
 
Enerpac Tool Group Corp. (EPAC) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.