Illinois Tool Works Inc (ITW): Today's Featured Industrial Goods Winner
(
) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 0.3%. By the end of trading, Illinois Tool Works rose $0.77 (1.1%) to $70.74 on average volume. Throughout the day, 2,122,275 shares of Illinois Tool Works exchanged hands as compared to its average daily volume of 2,244,900 shares. The stock ranged in a price between $70.21-$70.83 after having opened the day at $70.37 as compared to the previous trading day's close of $69.97. Other companies within the Industrial Goods sector that increased today were:
China Recycling Energy Corporation
(
), up 19.1%,
(
), up 9.8%,
(
), up 9.4% and
(
), up 9.1%.
Illinois Tool Works Inc. manufactures and sells a range of industrial products and equipment worldwide. Illinois Tool Works has a market cap of $31.0 billion and is part of the industrial industry. Shares are up 15.1% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Illinois Tool Works a buy, 1 analyst rates it a sell, and 7 rate it a hold.
TheStreet Ratings rates
Illinois Tool Works
as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins, solid stock price performance and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Illinois Tool Works Ratings Report.
On the negative front,
(
), down 12.7%,
(
), down 7.8%,
Perma-Fix Environmental Services
(
), down 6.1% and
(
), down 5.8% , were all laggards within the industrial goods sector with
(
) being today's industrial goods sector laggard.
- Use our industrial goods section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider
(
) while those bearish on the industrial goods sector could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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