Illinois Tool Works Inc
ITW: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$219.00 | Frxt | Snfbzfsvmf |
No Change to Our Long-Term View Following Illinois Tool Works' Second-Quarter Results
Business Strategy and Outlook
We view Illinois Tool Works as a well-run collection of moaty businesses. The company focuses on niche markets, with most of its activities centered on resolving its most valuable customers’ pain points. ITW’s products and services are designed to reduce customers’ costs, either through ease of use, which cuts down on training costs, ensuring compliance with environmental and safety standards through quality products, or eliminating steps in a manufacturing process or parts in an assembly.