Stanley Black & Decker's turnaround looks less and less promising as the bond market revolts against the Federal Reserve's interest rate cuts. We're at a crossroads with the stock. Shares of Stanley Black & Decker continue to underperform despite the Investing Club's long-held belief that a rebound in the housing market would follow Fed monetary policy easing.
Based in New Britain, Conn., Stanley Black & Decker is the largest maker of hand tools, power tools, and related accessories in the U.S. The company enjoys a 40 percent market share in tools, making it the “undisputed king of the market,” Cramer said.