Notice:

   Please always compare the dimensions replacement part  with the displayed

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Preparing time: We need 3-5 working days to prepare your order according to our numerous orders every day.

Please double check your address when you write in aliexpress,if you want change before we ship them out,please notice us the new address.

l About customs duty: In consideration of our customers’ benefit, we are forced to ship your order by regular mail.Please understand ,however, customs duty is out of our control we can’t guarrante no tax fee and will not bear any tax fee.

The product pictures and specifications are supplied by the original factories,so it may happens manufactures changed some technical data or outlookings which we have not update yet.And we can’t inform you one by one in advance. Please understand.

Once defect occurred,please contact us in 3 days since the delivery data.We will absolutely solve for you positively.

Payment information

1.Before placing your order, please confirm details with us if you have request on items. Please make payment within 3 days of order, if an order is not paid after 3 days, it will be closed.

2.We accept pay by VISA ,Master Card ,TT , Western Union or any transfer which Escrow cooperate with.

3.If you can’t make payment for a new order, please wait for several minutes or contact with us.We will help you check whether there is any problems on the new order.

Shipping detail

China post air mail normally item will arrive within 15-25 working days after being posted. Sometimes for customs or weather problem it will be delayed some days. It may be up to 30-45 days.

1.If your order is less than 2KG ,we will send via Russian Air/PostNL /China Post Registered Air Mail /ePacket according to your country. it takes 15-45 days and more to arrive.

2.If more than 2KG,we will arrange your items in two parcels or send by express mail. (DHL.EMS.FEDEX.etc)

3.If you want to send your item via express mail,please contact us ,we will arrange for you.

4.We will send your items when we receive your payment,and will upload the tracking number immediately after the parcel is sent.

5.If you would like to know where the item is,you will tracking on the link 17TRACK.

Service & Feedback

1. Our working time is 09:00-18:00 from Monday to Sunday in Beijing Time. You can contact us leave message in message center,we will reply you as soon as possible.

2. We care about our valued customers,and will always try to help you, hope to establish long business with you.

3. Please contact us by TradeManager before leaving any negative feedback or opening and dispute on the site.

4. If you are satisfied with our products and services, please leave your positive feedback and 5-star.

5. If you don’t satisfied our products, please contact us before you leave negative feedback. We guarantee we will 100% slove any problem for you and make you satisfied.

Quick Buying Tips – Features to Consider

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DeWalt issued a safety recall notice on its DEWALT Model DWS779, DWS780 and DHS790 Miter Saws.According to DeWalt, the plastic rear guard assembly can break or shatter when struck, exposing the saw bl

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Notice:

   Please always compare the dimensions replacement part  with the displayed

Responsibility and Business 

Preparing time: We need 3-5 working days to prepare your order according to our numerous orders every day.

Please double check your address when you write in aliexpress,if you want change before we ship them out,please notice us the new address.

l About customs duty: In consideration of our customers’ benefit, we are forced to ship your order by regular mail.Please understand ,however, customs duty is out of our control we can’t guarrante no tax fee and will not bear any tax fee.

The product pictures and specifications are supplied by the original factories,so it may happens manufactures changed some technical data or outlookings which we have not update yet.And we can’t inform you one by one in advance. Please understand.

Once defect occurred,please contact us in 3 days since the delivery data.We will absolutely solve for you positively.

Service & Feedback

1. Our working time is 09:00-18:00 from Monday to Sunday in Beijing Time. You can contact us leave message in message center,we will reply you as soon as possible.

2. We care about our valued customers,and will always try to help you, hope to establish long business with you.

3. Please contact us by TradeManager before leaving any negative feedback or opening and dispute on the site.

4. If you are satisfied with our products and services, please leave your positive feedback and 5-star.

5. If you don’t satisfied our products, please contact us before you leave negative feedback. We guarantee we will 100% slove any problem for you and make you satisfied.

When using power tools, we go in with the understanding that we’ll be working with a potentially dangerous piece of equipment, and (ideally) will take the proper safety precautions. We also know that even if someone has decades of experience using them, user error—and accidents—can happen. But you don’t expect the tool itself to turn on you.

Unfortunately, that’s what’s been happening to owners of certain DeWALT miter saws, and what prompted the company to recall almost 1.4 million of their products, according to a Consumer Product Safety Commission (CPSC) notice. Here’s what to know about the massive power tool recall, and what to do if you own one of the saws in question.

Why are DeWALT miter saws being recalled?

DeWALT is recalling roughly 1.4 million 12-inch sliding compound miter saws, because the tool’s rear safety guard can break or detach, and, as a result, launch projectiles at the user or any bystanders, and put them at risk of coming in directly contact with the blade, the CPSC reports.

As of August 4, DeWALT had received 571 reports of this defect and safety hazard, including nine that resulted in laceration injuries. The saws were sold at Lowe’s, Home Depot, and other hardware stores both nationwide and online, as well as on Amazon and at other online retailers, from April 2019 through May 2022, and at a cost of between $600 and $820.

Which DeWALT miter saws are part of the recall?

The recalled DeWALT miter saws are yellow with black accents and the company logo, and meet all of the following criteria:

The model number is printed on the nameplate of the saw.

The date codes on the DWS779 and DWS780 models are marked on the black plastic motor end cap next to the name plate. The date code on the DHS790 model is marked on the outside of the plastic yellow housing next to the batteries.

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What to do if you own one of the recalled saws

If your miter saw is included in the recall, stop using it immediately.

Although DeWALT will be contacting any known purchasers directly, it’s unclear when that will happen, so you’re probably better off getting in touch with the company yourself. Customers will either be given a free repair kit, or have to bring their saw to a DeWALT service center to be fixed.

I have a Dewalt cordless drill for which the batteries have gone faulty. The drill works and has all its bits including instructions, charger and an intact cas…

Nobody said contrarian investing was easy, since we as humans naturally gravitate toward a herd mentality. It’s easy to justify buying a company when everything is looking up, but not so much when things aren’t as rosy. However, buying high-quality companies when things aren’t so rosy is what leads to market-beating returns over the long run, versus the other way around.

This brings me to Stanley Black & Decker (NYSE:SWK), which currently trades at a price point that few could have imagined just a few months ago. In this article, I highlight what makes SWK a great contrarian bet for potentially strong income and long-term returns, so let’s get started.

Why SWK?

Stanley Black & Decker is a diversified industrial company with businesses in tools & storage, commercial electronic security, and engineered fastening. It has been in business for over 170 years and is a well-recognized brand with a loyal following. The company has a diversified product lineup and operates in over 60 countries.

Close followers of SWK stock know that it’s seen its fair share of challenges over the past year, with the share price being decimated by 52% over the year. At the current price of $94.93, SWK is now trading at less than half of its 52-week high of $203. The share price has fallen materially since the Q2 earnings release, and now trades well below its 50- and 200-day moving averages, as shown below.

SWK Stock Technicals (StockCharts)

Of course, the fall in price doesn’t happen for no reason, as cost inflation and higher interest rates have put a damper on the housing market, which drives demand for SWK’s products as well as pressured margins. While revenue was up by 16% YoY to $4.4 billion in the second quarter, this was largely driven by strategic power equipment acquisitions (+24%) and price increases (+7%). At the same time, volume dropped by 13% YoY as customer demand cooled, and commodity inflation drove gross margin down by 800 basis points to 27.5%.

It goes without saying that SWK is seeing its fair share of challenges. However, I don’t see the long-term thesis as being broken, given the strength of its brands, its global diversification, and its competitive advantages. In addition, the company is taking steps to mitigate the challenges it’s currently facing, which gives me confidence that it will be able to weather the storm and come out stronger on the other side.

This is supported by SWK accelerating its global cost reduction program, which anticipates annual savings of $1 billion by the end of next year, growing to approximately $2 billion within the next 3 years. Moreover, SWK is aggressively returning capital to shareholders, with $2.3 billion of share repurchases so far in 2022. Management has put share buybacks on hold for now, considering the challenging environment, but stated that they would look at it again in 2023 or later.

Looking forward, SWK could emerge from the current downturn as a stronger company, as its recent divestitures and acquisitions have made the company more focused on its core business. It’s also reducing complexity in the organization while maintaining investments in R&D, sales, and digital engagement, as noted during the recent conference call:

We are no longer a diversified industrial company. We are primarily a Tools & Outdoor company, with an excellent industrial business alongside of it as well. It makes us a very simpler company than we can be more streamlined, more efficient and effective and then we have a significant indirect spend component, which is not people related.

And then there is the, what I would call, the optimization of spans and layers, which is about $100 million. And that is really looking at that structure of how our businesses are organized and how many layers do we need, what is the span of control and really trying to optimize that.

And that really, for the most part, will avoid the R&D organization, the sales organization, our digital marketing organization and really be more focused on the leadership team and the management of the businesses and also simplifying the processes that they utilize to make decisions throughout the day and the week as they drive the business.

Notably, SWK sports a strong A rated balance sheet and is a Dividend King with over 50 years of consecutive raises. Even with the reduced EPS guidance of $5.50 for the full year, the dividend remains well covered with a 58% payout ratio.

SWK appears to be rather cheap at the current price of $94.93. While the forward PE of 17.3 points to a fair valuation, this takes into consideration the aforementioned reduced EPS guidance. Analysts expect to see a strong rebound over the next two years, bringing the forward PE ratio down to just 9.3x based on 2024 estimates. Sell side analysts have a consensus Buy rating with an average price target of $123.50, implying a potential one-year 33% total return including dividends.

SWK Valuation (FAST Graphs)

Investor Takeaway

While Stanley Black & Decker is facing some challenges in the near term, I believe the company is taking the necessary steps to emerge stronger than before. The long-term thesis remains intact, in my opinion, given the strength of its brands, global diversification, and competitive focus. SWK appears to be rather cheap at the current price, and analysts expect to see a strong rebound over the next two years. For these reasons, I believe SWK is a buy for long-term investors.