Should you buy tool and hardware stocks?

Tool and hardware stocks offer investors a way to play two attractive long-term themes in the U.S. economy -- the desirability of owning and maintaining your own home or car. Anyone who does either is almost certainly going to contribute to the bottom line of the four companies featured here. Data source: Yahoo! Finance.

Is Illinois Tool Works a stock in the S&P 500?

Illinois Tool Works is a global manufacturer of engineered industrial products and equipment. The company's operations are divided into seven segments: Test & Measurement and Electronics, Automotive OEM, Polymers & Fluids, Food Equipment, Welding, Construction Products, and Specialty Products. The shares are a component of the S&P 500.

Is Illinois Tool Works Inc (ITW) a good investment?

Illinois Tool Works Inc. (NYSE:ITW) is a favorite amongst institutional investors who own 88% Analyzing the Investment Potential of Illinois Tool Works Inc.: A Look at Q1 2023 Earnings and Brokers ... Fiscal Q1 2023 ended 3/31/23. Reported on 5/2/23. Measures how much net income or profit is generated as a percentage of revenue.