Illinois Tool Works: Attractively Valued With Good Growth Prospects
ITWITW(ITW) seekingalpha.com·2024-05-17 23:53

primeimages Investment Thesis Illinois Tool Works Inc.'s (NYSE:ITW) revenue growth is poised to benefit from easier year-over-year comparisons and stable underlying demand in the coming quarters. While the company's sales, particularly in the Specialty Products business, are expected to be impacted by the Product Line Simplification initiative for a couple of more quarters, once completed, it will position the company for good growth in the medium to long term. In addition, the company's focus on Customer-B ...