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Strategies & Market Trends : Stanley Works (SWK)

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To: TraderXx who wrote ()9/24/1998 9:32:00 AM
From: EyeDrMike  Read Replies (1) of 19
 
Not sure about shorting this now. Had a buy in for 24, btw. Never got that low.

One of a companies biggest assets in today's economies is brand name recognition. Stanley certainly has that.

Also, if the internet becomes everything they say it will be, brand name products will have strong footholds for consumer buying.

Last thought would be that bad quarters are rarely singular events. Might have some downside in a bad market, but they are better short candidates imo.

Mike
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