Illinois Tool Works Watchlist

tz-plus logo Illinois Tool Works - Economic Recovery Boosts Results!

M. Springman
Reading Time: 1 minute

Business Driver: Illinois Tool Works (ITW) specializes in components and systems for numerous industries including automotive OEMs, construction, welding technology, food and hospitality equipment, testing and measurement technology, polymers and industrial fluids, as well as specialty products and fastening solutions. Thanks to the emerging economic recovery, business at Illinois Tool Works is picking up significantly again. On February 3rd, the company surprised with an unexpectedly sharp increase from $2.52 to $2.72 (consensus: $2.69), while...

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