Illinois Tool: A Boring Stock With A Great Long-Term Track Record

Eddy Elfenbein submits: Here's another boring stock with a great long-term track record. Even the name is dull, Illinois Tool Works (ITW).

But in the last 30 year, Illinois Tool Works is up about 60-fold, including 13% this year. The shares are going for less than 14 times next year's earnings.

Click to Enlarge