I think you can find value in the resource sector on Obama's promise of infrastructure spending. If you want Obama trades look at Illinois Tool Works [ITW] and Chicago Bridge [CBI],” Joe Terranova said.

PE of 11, a PEG of 0.89, and it pays a yield of 3.4%.

We relied on Thomson Reuters' calculation of free cash flow per share, defined as cash from operations for the latest reported year, minus that year's capital expenditures and dividend payments, divided by shares outstanding. The result is a list of familiar names in technology, health care and manufacturing, as well as three oilfield-services companies knocked well off their highs, and, yes, a few healthy financial-services firms. Blue chips like Coca-Cola (KO), Microsoft (MSFT) and Merck (MRK) made the cut, as did Illinois Tool Works (ITW), Post-it-note producer 3M (MMM) and CME Group (CME), the Chicago-based operator of futures exchanges.

11%

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From a recent Mad Money show:

"I was going to do this one in my series this week. ITW is a great company and I would recommend it right here."

Illinois Tool Works (ITW) was downgraded from Outperform to Neutral, Credit Suisse said. $57 price target. 2009 earnings estimate also cut, based on lower economic expectations.

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Illinois Tool Works (ITW) was downgraded from Buy to Neutral, Merrill Lynch said. Estimates also cut, because of the company's dependence on the North American consumer.