3 Bargain Stocks You Can Buy Today
The market's decline is creating buying opportunities, and even though all three of these companies face near-term risk, they all look priced to generate strong long-term returns for investors. Here's why Stanley Black & Decker (NYSE: SWK), Johnson Controls (NYSE: JCI), and Autoliv (NYSE: ALV) are stocks worth buying today.
This year hasn't panned out the way investors in the hardware and tools company expected it would. It was supposed to be the year when raw material and supply chain cost pressures eased, leading to margin expansion throughout the year. Meanwhile, the agreement to sell the electronic security business to Securitas for $3.2 billion, and sell its automatic doors business, Access Technologies, to Allegion for $900 million, was intended to refocus the company.
Stanley's growth objectives now focus on its core tools and industrial businesses and integrating MTD, the outdoor lawn and garden products business fully acquired in 2021.
Source Fool.com
