Friday, January 20, 2017

Can Illinois Tool Works Stock Rise in 2017?

Illinois Tool Works Inc. rose by nearly a third in 2016, and the company's earnings prospects look good in 2017. On a risk/reward basis, however, the stock looks fully valued. While it looks cheap relative to peers like 3M Co or Lincoln Electric Holdings, Inc , it's not necessarily a good value in itself. Let's take a look at what you need to know before buying or selling the stock.

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