On today’s edition of the morning mail, Philip Anglin discusses United Technologies with Evans and Partners international equities analyst Stephen Arnold.
United Technologies is a diversified leading global industrial group. Brand names included in their stable include Otis elevators, Carrier air conditioners and cooling systems, Pratt and Whitney aerospace engines, Sikorsky helicopters and Hamilton Sundstrand aerospace and industrial products.
The company has well established businesses in both developed and growth economies. At the current share price, United Technologies is trading at a discount to Stephen’s valuation and historical trading range.