Here's Why You Should Avoid Investing in Illinois Tool Stock Right Now
Illinois Tool Works Inc. (ITW) has failed to impress investors with its recent operational performance due to softness in the Test & Measurement, Welding and Construction Products segments. Also, widespread operation exposes it to forex woes.Based in Glenview, IL, Illinois Tool is a worldwide manufacturer of highly engineered products and specialty systems. The company's diversified range of industrial products and equipment is sold in multiple countries.In the past year, this Zacks Rank #4 (Sell) company’s ...