1. As of noon trading, Illinois Tool Works ( ITW) is down $0.88 (-1.4%) to $60.79 on average volume Thus far, 2.0 million shares of Illinois Tool Works exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $60.77-$62.40 after having opened the day at $62.07 as compared to the previous trading day's close of $61.67. Illinois Tool Works Inc. manufactures various industrial products and equipment worldwide. Illinois Tool Works has a market cap of $28.8 billion and is part of the industrial goods sector. The company has a P/E ratio of 15.1, below the S&P 500 P/E ratio of 17.7. Shares are up 32.8% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate Illinois Tool Works a buy, 1 analyst rates it a sell, and 6 rate it a hold. TheStreet Ratings rates Illinois Tool Works as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Illinois Tool Works Ratings Report now. EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass If you are interested in one of these 5 stocks, ETFs may be of interest. Investors who are bullish on the industrial industry could consider SPDR Dow Jones Industrial Average ( DIA) while those bearish on the industrial industry could consider ProShares UltraShort Industrials ( SIJ). A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.