Monday, May 2, 2016

Illionois Tool Works Helps Itself

In the last three months, the market has significantly bid up industrial stocks like Illinois Tool Works  and 3M Company , possibly in the belief that a recovery in industrial conditions would occur in the second half of 2016. Indeed, if a cyclical pickup occurs, then both companies are well placed to benefit. If they can generate margin expansion during bad times, then they are surely well situated for any upturn. That said, let's take a look at the tale of Illinois Tool Works' first-quarter results.

ITW Chart
ITW data by YCharts.

READ THE FULL EQUITY RESEARCH ARTICLE LINKED

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