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Under The Bonnet, Illinois Tool Works' (NYSE:ITW) Returns Look Impressive

By Yahoo! Finance   |   Sep 5, 2024 at 10:09 AM EST
Under The Bonnet, Illinois Tool Works' (NYSE:ITW) Returns Look Impressive

To identify a multi-bagger stock, look for increasing returns on capital employed (ROCE) and growing capital employed, indicating a strong business model with profitable reinvestment opportunities.

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