This light is in direct competition with the Harbor Freight magnetic slimbar folding work light. I own both and like both. The Husky is 300 lumen and has a warmer tone to the light and folds all the way over for easier carrying, while the H.F. is 390 lumen and only folds to 90° the light on the tip of the bar on the Husky however is annoying because it isn't shielded on the sides, and blinds you when using, electrical tape can easily fix this though. I like the switch on the Husky better because it's less sensitive and less likely to accidentally turn on when carrying. The price on the Husky is very affordable at $12.98 compared to the Harbor Freight at $39.99 but the H.F. regularly goes on sale for $24.99. Both have rechargeable batteries with micro USB cable. Home Depot has a very limited quantity in most stores, my store only had 2 in stock and I had to get a worker to find it for me, it was in overhead storage near the outdoor lighting area. Hopefully this helps you save some money.
Husky 300-Lumen LED Flip Light-K60241 - The Home Depot