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10) Illinois Tool Works

When I’ve recommended Illinois Tool Works (ITW) to you in the past, I have often brought up the company’s 80/20 rule. ITW management focuses on the portion of the business that brings in 80% of the revenue and looks for ways to either improve or discard the rest. Recently the company announced that its packaging unit will be sold. This is a good move by management to cut the fat and keep the business lean and profitable. ITW share performance is reverting to trend fast. Buy before it does.

Illinois Tool Works Long-Term Trend (Log Scale)




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