Here's Why You Should Retain Illinois Tool (ITW) Stock Now
ITWITW(ITW) ZACKS·2024-06-18 23:55

Illinois Tool Works Inc. (ITW) has been benefiting from a stable demand environment and improving supply chains. Strong momentum in the transportation market, customer mix and product line simplification activities are boosting revenues in the Automotive Original Equipment Manufacturer. The company’s Specialty Products segment is being aided by increased equipment sales, driven by higher demand in Europe and North America. Also, strength in the consumer packaging businesses and increasing demand in the appl ...