United Technologies Corp (NYSE:UTX)
United Technologies owns Carrier heating and air conditioning, Otis elevators, Pratt & Whitney aircraft engines, Sikorsky helicopters, and more.
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Recs
Otis Elevators is alone enough to boost this global contracting company that makes almost everything, inkcluding Siskorsky helicopters
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Another value category killer, easy decision
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Well diversified. Otis, Carrier, Sikorsky and Pratt & Whittney all strong in their field. Not sufficiently knowledgeable about the UTC Fire and Security and Hamilton Sundstrand components of the overall company.
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until the dems take control in 08
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Full disclosure - I work for Pratt & Whitney at UTC and see how well this company is run from the inside. It is fairly impressive how good a company can be run if it truly supports the values and standards it communicates.
Now onto the business side...the overall corporation is well managed and the industries that it supports are at a good point in the cycle - JSF demonstrating vertical flight next year, India/China growth, US housing slowing, but not crashing, airline industry generally getting more healthy.
So while this year may not be a breakout year, I feel there are many reasons in the relatively near term that will drive growth. In my mind, most importantly the prospects will drive buyers in the market to see UTC (stock symbol UTX) as a good company to own. When the market perception gets behind the company the stock should charge higher.
Of course the stock currently is treading water and I believe it is due to other areas having more growth in a quickly growing economy. Now that the overall economy is not growing as quickly, quality companies will once again see buyer pick the stock up.
Not everything is rosy, housing could stagnate for years, JSF could get delayed or worse, have its funding cut due to budget overruns, India and China could turn volatile. The management team though has been led by George David and appears poised to continue what he has led in recent years.
As a stock pick, I believe UTX can be a good stable industrial that won't disappoint for investors. I own the stock because I believe it is a leader of the S&P500 and not a laggard.
Recs
Well diversified and involved in alternate fuel technologies.
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Energy, energy, energy - with diversification. UT is a steady climber in the global market (ever been to a city without an Otis elevator?) Their fuel cell business is compelling and the finanicials make it a low risk buy.
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Great businesses, strong financial discipline, strong balance sheet and cash flow. Cash is King
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Diversified industrial. Steady performer with 60% of revenue coming from outside the US.
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This stock is not a one trick pony. They have a strong domestic presence, but their track record in a global setting is quite impressive. They get into markets early, plant the seed and the grow the business. They exhibit a patience that provides exceptional returns over a longer term.
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split four times since purchase.
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This conglomerate includes:Otis, Carrier, UTC Fire and Security, Pratt and Whitney, Hamilton Sunstrand, and Sikorsky. Impressive!!! This company has been on a steady upward trend since Oct. of '02.
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Great stock...look to outperform market. Innovative, diverse, cool green company to be in.
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for safety during volatility and or market correction - large cap dependable performers
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Up, always up except on panic days like today 2/23/07.
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It has a good group of products to keep making good profit margins.
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world player, merger.
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new highs coming.
Great pullack to allow entry.
Excellent management, fundamentals and business diversity.
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Going with Mad Money expert Jim Cramer on this one. UTX is well positioned for long term growth around the world.
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Just because Cramer picked it!
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