Art Hogan's Pick Of The Week

Roger Nachman , Benzinga Staff Writer

December 10, 2010 9:26am Comments

Art Hogan of Jefferies is on CNBC with his pick of the week and he likes Illinois Tool Works Inc. (NYSE: ITW).

Hogan says he thinks that Illinois Tool Works has great free cash flow, and it's an under the radar play on construction, as well as the automotive industry.

Hogan believes that 2011 and 2012 will be good years for the company.

Illinois Tool Works Inc. manufactures a range of industrial products and equipment worldwide.

Shares of Illinois Tool Works Inc. closed at $50.48.

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Art Hogan's Pick Of The Week

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