Stanley Black & Decker, Another Housing Market Barometer

Stanley Black & Decker Inc. posted profit in the fourth quarter of $2.11 a share, beating analysts’ estimates a penny and  revenue in the quarter was $3.63 billion, topping forecasts of $3.62 billion, but the stock still fell double digits on Tuesday.  The stock still fell because of their dismal 2019 earnings forecast.

A week ago I talked about how Sherwin-Williams lost more than 6% after announcing earnings and how analysts will often look at the Sherwin-Williams as a barometer for health of the consumer and housing market.

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Stanley Black & Decker, Inc. the construction equipment maker that provides tools such as

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