Count S&P Capital IQ's Richard Tortoriello in the "improving economy" camp, and he’s...
Count S&P Capital IQ's Richard Tortoriello in the "improving economy" camp, and he’s urging investors to look at industrial stocks. His favorite is Illinois Tool Works (ITW +3.6%), noting that despite European weakness, ITW’s sales growth has remained positive and EPS grew by 15% in Q2. He sees 12% full-year EPS growth and 10% in 2013. (earlier)
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