Topic: Growth Stocks

Wall Street Stock Forecaster Hotline – Friday, June 15, 2012

Article Excerpt

STANLEY BLACK & DECKER INC., $63.31, New York symbol SWK, is considering selling its consumer-hardware and home-improvement operations. These businesses make bath fixtures and other home accessories under brands such as Baldwin, Kwikset and Price Pfister. Stanley acquired these operations as part of its merger with rival toolmaker Black & Decker Corp. in March 2010. The company could receive $1.5 billion from these sales. That’s equal to 14% of its $10.8-billion market cap. Stanley will probably use the cash to add to its lineup of industrial tools and security devices, including locks, automatic doors and gates. Stanley Black & Decker is a buy. Stanley Black & Decker was recently covered in the Wall Street Stock Forecaster Hotline for March 9, 2012. Click here to access it. TEXAS INSTRUMENTS INC., $27.86, New York symbol TXN, makes analog chips, which convert sounds and temperatures into digital signals that computers can understand. Manufacturers use analog chips in a wide variety of products, including cars, medical devices and home…