Why Illinois Tool Works' Stock Rose 7.6% in September

Shares of industrial components manufacturer Illinois Tool Works (NYSE: ITW) rose 7.6% in September, continuing a growth trend that has caused shares to soar 160% over the last five years.

As sometimes happens, the stock took off for no apparent reason, but some of the company's recent decisions provide some clues as to why shares were ripe for outperformance.

Illinois Tool Works has outperformed the broader stock market regularly, and September was no exception. Image source: Getty Images.

Source: Fool.com