The "Chart of the Day" is Illinois Tool Works (ITW), which showed up on Friday's Barchart "All-Time High" list. ITW on Friday posted a new all-time high of $61.10 and closed +1.49%. TrendSpotter has been long since Aug 3 at $55.62. In recent news on the stock, ISI Group upgraded ITW to Buy from Hold. BMO Capital on July 26 initiated coverage on ITW with an Outperform and a target of $62. Illinois Tool Works, with a market cap of $27 billion, sells fasteners and components, equipment and consumable systems, and a variety of specialty products and equipment.
Tuesday, September 11, 2012
Chart of the Day - Illinois Tool Works (ITW)
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