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ITW - Illinois Tool Works: Not Out Of The Woods Despite Stock Price Rally
Illinois Tool Works Inc.
I have not discussed Illinois Tool Works' (ITW) second quarter earnings. Earnings were released at the end of July and contain a lot of valuable information, even though the data is not that new anymore. Anyhow, the point of this article is not only to review these numbers but to show you why Q3 earnings are going be so important, and why it could be an indication of the economy in general. Especially because the stock is up 25% this year and up 8.7% since last week.