2 Manufacturing Tools Stocks to Watch Despite Industry Headwinds

Weakness in the manufacturing sector, slowdown in new orders and lingering effects of supply chain issues have marred the outlook of the Zacks Manufacturing-Tools & Related Products industry. The shortage of skilled labor in the United States is another concern for the industry. However, industry participants' focus on cost-control measures and investments in product development have been allowing them to stay competitive in the market. Stanley Black & Decker, Inc. (SWK) and Lincoln Electric Holdings, Inc. ...