Saturday, July 7, 2007

Illinois Tool Works

Illinois Tool Works is among the world’s largest Industrial Machinery sector businesses in the world.  Illinois Tool Works’s employees generate $1.754B in profits on $14.517B of revenue.  Global output in the Industrial Machinery business will likely rise substantially over the next 10 years.  Long-term economic growth may lift all boats, but Illinois Tool Works is determined to remain a market leader.  Sectoral leadership in the Industrial Machinery segment takes dedication and consistency, but management seeks out-sized growth.

Illinois Tool Works’s ticker symbol ITW has recently been trading near $55.39 a share.  The Illinois Tool Works corporate headquarters in Glenview IL predicts Industrial Machinery profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $30.837B ensures sufficient liquidity.  With a beta of 0.93, the company is less volatile than the market as a whole.  When the average equity moves lower, Illinois Tool Works moves less aggressively.

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