Tools sector outlook: SWK and SNA compared
Stanley Black & Decker (SWK) and Snap-on (SNA) are highlighted in the Tools & Accessories subsector. SWK reported +8% organic growth in power tools, with Q2 gross margin expanding +620 bps YoY to 33.7%. SNA sees structural demand drivers in vehicle repair. Both companies are re-shoring manufacturing to reduce tariff exposure. SWK's fair value upside is +21.1%, while SNA is slightly overvalued at -5.6%.

