ITW - Is Illinois Tool Works a Buy After the Coronavirus Market Sell-Off?
The recent results from multi-industry manufacturer Illinois Tool Works (NYSE: ITW) served to highlight many of the difficult decisions investors are facing right now. It's an uncertain macro-economic environment, and there are likely to be significant differences in terms of which industries bounce back first in a recovery. In this context, valuing stocks is becoming a difficult exercise. Let's take a look at these factors in the course of analyzing the case for buying stock in ITW.
The automotive market remains the single biggest earnings generator for the company. Image source: Getty Images.
Let's get straight into the specifics: