智通财经网·2026-01-16 02:52Core Viewpoint - The article highlights that Techtronic Industries (00669) is experiencing a stock price increase of over 4%, driven by positive market sentiment and favorable industry conditions as reported by JPMorgan [1] Company Summary - JPMorgan has identified Techtronic Industries as one of its top picks for 2026, citing a recovery in the power tools industry due to normalization of supply chains and inventory adjustments, favorable interest rate cycles, and company-specific catalysts [1] - The firm anticipates a resurgence in revenue growth for the Milwaukee brand, driven by a rapidly expanding total addressable market (TAM) [1] - Following the exit from Walmart's HART brand, the company plans to refocus on its consumer business, particularly the Ryobi brand at Home Depot [1] Industry Summary - The power tools industry is expected to outperform the market for the remainder of the year as attention shifts back to growth potential [1] - Industry channel destocking cycles are nearing completion, with strong pricing power maintained and accelerated consolidation benefiting large brand suppliers [1] - The impact of supply chain migration on the industry is largely over, with a noticeable recovery in both professional and DIY demand [1]