Similar Stories to Illinois Tool Works' Investor Day Presentation: Is The Stock A Good Value? on Bing News

newsfeedback@fool.com (Lee Samaha), The Motley Fool
Thu, 12/08/2016 - 7:48am

Illinois Tool Works Inc. (NYSE: ITW) management has cheered investors by underpromising and overdelivering with its 2012-2017 enterprise strategy plan. A combination of cost cuts and focusing on more lucrative activities via Product Line Simplification (PLS) has led to operating margin expansion, even within moderately growing end markets. It's largely the reason behind the stock's outperformance this year, but can the strong run continue?

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