Illinois Tool Works Inc. is a diversified manufacturer operates a portfolio of about 750 industrial and consumer businesses located throughout the world. Linked here is a detailed stock analysis and commentary.

Ever since the broad market indexes entered into bear market territory, I have been checking the dividend champions list for bargains. I came up with a list, using the follwoing screen criteria:

ITW is a dividend champion as well as a component of the S&P 500 index. The company has been increasing its dividends for the past 44 consecutive years. From 1998 up until 2007 this dividend growth stock has delivered an annual average total return of 8.00 % to its shareholders.

We decided to use the MSN Deluxe Screener to see what kind of value we could find in the S&P at this present time. Our main focus was to try and find a company that was outperforming the industry average in a very efficient manner. And especially, one that was doing so through solid fundamentals. Out of the five companies that passed this screen, Coach Inc.