United Technologies Corp (UTX)
Provides high technology products and services to the building systems and aerospace industries worldwide. The Corporation's operating units serve businesses with operations throughout the world.
Recs
With the slowing US economy and the end to war nearing the growth prospects for UTX look gloomy for the next 2-4 years.
I do not see a any growth coming from Carrier, Chubb, Otis, P&W and Sikorsky in the near future.
Recs
Mostly a scuttlebutt call. I have a friend who works at Pratt & Whitney, which was recently bought by UTX. He's starting to look around for a new job because: a) his benefits got a lot worse this year and b) his job function will be "in-sourced" by the government in a couple of years. According to my friend, UTX doesn't understand government contracting and manages his division as if it were Otis Elevator.
Further, I suspect the government will shift from guns to butter in the very near future, so defense companies seem a bad gamble.
Recs
rock steady, not flashy

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