ITW - Illinois Tool Works: An Optimistic Drop
This article has been written by Olivier Gélinas for Dividend Stocks Rock.
Illinois Tool Works (ITW) has been around for over a century. This manufacturing company is one of the few that is diversified throughout 7 different segments. ITW is a dividend king, now on its 54th year of consecutive dividend increase (that title is also a rare thing in the field!). Up to this day, ITW showed strong numbers and a stable performance. 2018 is kind of a downer at the moment. Missed revenue estimates, lower earnings, and Goldman Sachs downgrade from