Keep your eye on margins.
We recently reiterated our recommendation on industrial tool maker, Stanley Black & Decker Inc. at Neutral.
The most recent short interest data has been released by the NASDAQ for the 04/30/2013 settlement date, which shows a 1,055,203 share increase in total short interest for Actuant Corp. , to 7,672,329, an increase of 15.95% since 04/15/2013.
Kennametal Inc. reported adjusted earnings per share of 65 cents in the fiscal third quarter of 2013 . Earnings were way below 98 cents earnings reported in the year-ago quarter and the Zacks Consensus Estimate of 71 cents.
Stanley Black & Decker reported earnings per share from continuing operations of $1.03 in the first quarter of 2013, up from 98 cents reported in the year-ago quarter and above the Zacks Consensus Estimate of 96 cents.
Look here for a clue.
Don't just count the cash, time it.