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Illinois Tool Works (ITW-N)
NYSE:ITW
225.07
3.18
(1.43%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
N/A
Unknown
A big industrial parts supplier. On their latest earnings, adjusted profits were up 16%, the highest quarterly income they’ve had in their history. Margins are 24%, an all-time record. The biggest rebound in the last quarter came from their welding and test and measurement. On the negative side, their auto business was flat. Trading close to an all-time high. This is a company with consistently growing free cash flow and dividends will follow. It is cyclical, so there will be volatility in down markets. He would wait for weakness to buy.
Take profits? Has had a nice run, simply because the auto sector has done well. There is nothing wrong with the company. The growth should continue to go, because they are still looking at getting organic revenue growth. This is a chance to do some rebalancing. If this is overweight in your portfolio, then sell some. Depending on your waiting, he would sell half and then let the rest run.
Illinois Tool Works(ITW-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 2
Illinois Tool Works(ITW-N) Frequently Asked Questions
What is Illinois Tool Works stock symbol?
Illinois Tool Works is a American stock, trading under the symbol ITW-N on the New York Stock Exchange (ITW). It is usually referred to as NYSE:ITW or ITW-N
Is Illinois Tool Works a buy or a sell?
In the last year, 2 stock analysts published opinions about ITW-N. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Illinois Tool Works.
Is Illinois Tool Works a good investment or a top pick?
Illinois Tool Works was recommended as a Top Pick by on . Read the latest stock experts ratings for Illinois Tool Works.
Why is Illinois Tool Works stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Illinois Tool Works worth watching?
2 stock analysts on Stockchase covered Illinois Tool Works In the last year. It is a trending stock that is worth watching.
What is Illinois Tool Works stock price?
On 2023-05-26, Illinois Tool Works (ITW-N) stock closed at a price of $225.07.
