Updating Genuine Parts Co., Stanley Black & Decker Inc. and Lamb Weston Holdings Inc.

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GENUINE PARTS CO. $83 (www.genpt.com) sells replacement auto parts through 1,100 outlets under the NAPA banner; its distribution business serves 4,900 independent stores in North America, Australia and New Zealand. Genuine also distributes industrial parts, office products and electrical equipment. The company has a long history of fuelling its growth with acquisitions, usually smaller firms that enhance its current operations. It has also expanded its current businesses, particularly outside the U.S. Together, those moves should help Genuine lift its overall sales in 2017 by 3% to 4%. Over the next few years, the company aims to increase its annual sales by 6% to 8%. Buy. STANLEY BLACK & DECKER INC. $137 (www.stanleyblackand decker.com) is one of the world’s largest makers of tools for consumers. It also manufactures specialized tools for auto mechanics and construction firms. Starting with the September 2017 payment, the company will raise its quarterly dividend by 6.1%. Investors will then receive $0.63 a share instead of $0.58. The new…