ITW - My Thoughts On Illinois Tool Works' Q4 Results
Illinois Tool Works (ITW) is one of my favorite stocks on the market. The stock is one of the best vehicles to track the US economy, thanks to the company's exposure in key cyclical markets and excellent shareholder returns of the past few years. The problem, however, is that slower economic growth has ended the company's sales growth trend. The fourth-quarter results confirmed this. Nonetheless, Illinois Tool Works sticks to solid 2019 expectations. This might be tricky as global growth continues to slow.
Source: Illinois Tool Works
Growth Is Slowing
Illinois Tool Works