Thursday, October 22, 2015

Time to Buy Illinois Tool Works?

Diversified industrial giant Illinois Tool Works stock has notably underperformed the S&P 500 this year -- however, it's not the only one. As the chart below shows, many industrial stalwarts have gotten caught in the headwinds building up against the sector. The stronger U.S. dollar, a soft capital spending environment, declining energy capital expenditures, and weaker growth in China and other emerging markets have made conditions difficult. That said, the company's execution of its five-year enterprise strategy remains on track, and much of its operational effectiveness looks set to improve. Does this make the current weakness a buying opportunity for you?


READ THE FULL EQUITY RESEARCH ARTICLE LINKED