We recently published a list of Top 20 Falling Stocks with Unusual Volume. In this article, we are going to take a look at where Snap-on Incorporated (NYSE:SNA) stands against other top falling stocks with unusual volume.
Uncertainty around tariffs and macroeconomic conditions has dented investor confidence, resulting in stock prices falling. While some stocks have come under pressure due to the above two reasons, others have simply followed the market direction or have dipped for company-specific reasons.
Regardless of the reasons for stocks going down, falling stocks provide an opportunity for fresh investors to get in at good prices. Once the risks subside, these stocks usually recover quickly as well. We decided to uncover these stocks and see if it makes sense to put money in them to take advantage of the ongoing market turmoil.
To come up with our list of top 20 stocks falling with unusual volume, we looked at stocks over $300 million in market cap, their one-week performance, and used relative volume to detect the unusual volume activity.
Relative volume compares the daily volume to the three-month average trading volume of the stock, making it easy to detect spikes in volume. These spikes usually signal something important is happening, which, when combined with falling prices, becomes a red flag that investors can’t ignore.
A workshop full of tools and supplies, showcasing the range of products available.
Snap-on Incorporated (NYSE:SNA)
Snap-on Incorporated (NYSE:SNA) is a manufacturer and provider of equipment, repair information, systems solutions, diagnostics, and tools for professional users. The company operates in Snap-on Tools Group, Financial Services, Commercial & Industrial Group, and Repair Systems & Information Group segments. The stock is down 5.25% in a week on a relative volume of 4.33.
Analysts at Longbow Research upgraded the stock at the end of the last month from Neutral to Buy. The Research firm expressed confidence in Snap-on Incorporated (NYSE:SNA)’s favorable macroeconomic conditions, strong franchise, and growth potential. Key drivers behind this upgrade were automotive trends, strong core business, manufacturing efficiency and high margin growth, and European recovery. As a result of this upgrade, the company’s shares surged 2.3%.
A few days ago, the firm reported its latest quarter results, delivering a 3.5% decrease in net sales from the previous year. Sales went down by $13.9 million due to unfavorable foreign currency exchange. Organic sales also declined by 2.3%. Gross margin improved slightly, but as a result of the weak earnings, the firm’s share price significantly dropped.
Driven by increasing household spending on car repairs and an average vehicle age of 12.6 years, management stays optimistic about the vehicle repair market. The company plans to prioritize innovative, quick-payback tools that meet technician needs and can help the company stay relevant in the existing market trends.
Overall, SNA ranks 17th on our list of top falling stocks with unusual volume. While we acknowledge the potential of SNA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than SNA but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.