United Technologies Corp (NYSE:UTX)
CAPS Rating:
United Technologies owns Carrier heating and air conditioning, Otis elevators, Pratt & Whitney aircraft engines, Sikorsky helicopters, and more.
United Technologies owns Carrier heating and air conditioning, Otis elevators, Pratt & Whitney aircraft engines, Sikorsky helicopters, and more.
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Recs
STRONG BUY $110.00 price target.
An impressive Company that boasts a double-digit growth rate. 10.8% revenue growth is what United Technologies brought home on April 20, a result that apparently pleased investors immensely (traders sent UTX stock up almost 5%). While a slowdown is under way (4.2% annual revenue growth is the current analyst forecast), this is still one of the most attractive companies in the Conglomerates space. Far better than General Electric, that's for sure, with that miserly old firm's dismally poor -4.1% sales decline!