You never can quite tell what the market will value on one day or the
next. For much of this reporting cycle growth has been all that
investors have cared about, but the market seems to be making an
exception for Illinois Tool Works (NYSE:ITW).
Although management came in short of growth targets for the first
quarter and lowered guidance for the rest of the year, investors seem to
think the better margin results are fair compensation.
Please continue reading here:
http://www.investopedia.com/stock-analysis/042313/good-margins-outweigh-weak-growth-itw-investors-itw-dov-ge-dhr-hon.aspx
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