|Day's Range||5.20 - 5.25|
Weakness in the Tools & Outdoor segment due to reduced retail and consumer demand is weighing on Stanley Black's (SWK) operations. Foreign currency woes are added concerns for the company.
Three stocks that currently look like enticing opportunities to a few Fool.com contributors are Stanley Black & Decker (NYSE: SWK), Clearway Energy (NYSE: CWEN.A) (NYSE: CWEN), and Emerson Electric (NYSE: EMR). Here's why they think these high-quality dividend stocks could be great long-term investments for those who buy amid all the current turmoil. Reuben Gregg Brewer (Stanley Black & Decker): After a string of acquisitions, Stanley Black & Decker was inefficient and had a bloated balance sheet.
Rising interest rates have pushed the value of a 10-year Treasury Note to 3.6%, which is more than double the average dividend yield of the S&P 500 (at 1.7%). A higher risk-free rate adds an opportunity cost to the stock market. The higher the risk-free rate (typically the rate of a treasury bond), the less incentive there is to invest in the stock market.