I was recommending Stanley Black & Decker as THE stock to buy back in March. I was literally buying it every other day as extra money came in.
You can see the screenshot from my IRA account below. I am up over 42% total in less than three months. One tranche is up over 95%, talk about crazy.
This is why, when the fear is high and the market is crashing, real wealth can be created during that time. The sky was falling, people were all yelling don’t buy, sit on the side lines. Meanwhile, SWK was at 5 yr lows, it was a DIVIDEND ARISTOCRAT, and most importantly, my time horizon was long. It was an opportunity I couldn’t pass up.
I knew SWK was going to be a winner, but I never thought it would be the top performing stock of this quarter for me.
I think the stock STILL has legs to run, so I’ll probably add a little more to top it off.