Here's Why Stanley Black & Decker Stock Soared by 32% in July

The toolmaker surprised investors with its second-quarter earnings. Shares in toolmaker and industrial products company Stanley Black & Decker (SWK -2.83%) surged by 32.2% in July, according to data provided by S&P Global Market Intelligence. The move comes as the company reported well-received second-quarter earnings that helped support the bullish case for the stock and scatter the bears shorting it. Stanley Black & Decker builds a recovery It's no secret that consumer discretionary stocks are under press ...