148.22 +0.95 (0.65%)
Pre-Market: 5:58AM EST
|Bid||147.57 x 800|
|Ask||148.67 x 1100|
|Day's Range||145.99 - 147.37|
|52 Week Range||100.48 - 149.81|
|Beta (3Y Monthly)||1.23|
|PE Ratio (TTM)||24.85|
|Earnings Date||Jan 21, 2020 - Jan 27, 2020|
|Forward Dividend & Yield||2.94 (2.02%)|
|1y Target Est||160.71|
United Technologies Corp. (NYSE: UTX) ("UTC") today announced the appointments of an executive chairman and members of the board of directors for Carrier, a leading global provider of innovative HVAC, refrigeration, fire, security and building automation technologies.
United Technologies Corp. (NYSE: UTX) ("UTC") today announced the appointments of an executive chairman and members of the board of directors for Otis, the world's leading elevator and escalator company.
United Technologies' (UTX) business division Carrier will deliver its advanced VRF technology to Tims Coffee House in China along with a custom services package.
The S&P 500 Dividend Aristocrats—companies that have raised their dividends every year for at least 25 years—have returned 25.8% in 2019, compared with 26.4% for the S&P 500.
Zacks.com featured highlights include: Bristol-Myers Squibb, Alaska Air, United Technologies, Synopsys and American Water Works Company
In the latest trading session, United Technologies (UTX) closed at $146.22, marking a -0.52% move from the previous day.
The Zacks Analyst Blog Highlights: Microsoft, United Technologies, Procter & Gamble, Walmart and Intel
Zacks.com featured highlights include: ResMed, Booz Allen Hamilton, United Technologies, McGrath RentCorp and SS&C Technologies
Carrier, a leading global provider of innovative heating, ventilating and air conditioning (HVAC), refrigeration, fire, security and building automation technologies, today announced that Carrier China signed a strategic cooperation agreement with Tim Hortons, known as Tims Coffee House in China, Canada's largest chain coffee brand. Through this agreement, Carrier will provide integrated HVAC solutions and services for Tims' existing and future coffee houses, as it plans to open more than 1,500 new stores in China in the next 10 years. The agreement includes innovative Variable Refrigerant Flow (VRF) technology – which varies the flow of refrigerant based on demand to provide superior comfort and energy savings – and a custom services package to ensure optimal HVAC operation for Tims coffee houses in China. Carrier is a unit of United Technologies Corp. (NYSE: UTX).
Although the dividend growth stocks do not necessarily have the highest yields, they have outperformed for a longer period than the broader stock market or any other dividend-paying stock.
As stock market volatility continues, the blue-chip index is showing fluctuation. However, a closer look into the index reveals that not all stocks are erratic.
While frequently overlooked, industrial stocks held their own throughout 2019 and appear to be in strong position heading into 2020.The ongoing U.S.-Chinese trade war hasn't exactly been easy for American industrial companies, which on average derive more than a third of their revenues from China, and many of which order supplies from the country as well. Nonetheless, the Industrial Select Sector SPDR Fund (XLI) actually boasted slightly better returns than the S&P; 500 year-to-date through Dec. 3. The sector is set up to beat the Street next year, too.Barry Bannister, head of institutional equity strategy at Stifel Nicolaus, suggesting that investors buy into cyclical stocks such as industrials while shedding defensive plays. "Although we see (more than) 5% further for the S&P; 500 into 2020, we see twice that return, or plus 10%, for a long-cyclical/short defensive industry trade in the same period," he writes.Given that industrial stocks still face trade risks, however, investors are (rightfully) seeking out the crème de la crème - those stocks poised to continue outperforming through 2020 and beyond. One way to separate the wheat from the chaff is to focus on the names Wall Street analysts are standing firmly behind.Here are the five best industrial stocks to buy for 2020. We've used TipRanks' Stock Screener to zero in on five industrial-sector companies that are receiving robust support from the Street, earning a "Strong Buy" consensus rating. SEE ALSO: Every Warren Buffett Stock Ranked: The Berkshire Hathaway Portfolio
December is usually a pretty good month for stocks and that historical precedent may yet prove true this month, but it was defied Monday as equities tumbled on the back of some weak manufacturing data and another tariff gambit by the White House.Source: Provided by Finviz * The S&P 500 lost 0.86% * The Dow Jones Industrial Average slipped 0.96% * The Nasdaq Composite tumbled 1.12% * On light news, American Express (NYSE:AXP) was the worst performer in the Dow, shedding 2.38% to start the week.One of the main reasons stocks weakened to start the final month of 2019 was dismal factory data. Earlier today, the Institute for Supply Management's (ISM) manufacturing index reading for November declined to 48.1 in November from 48.3 in October. Economists were expecting a November reading 49.2. That's bad not only because the November reading missed estimates, but also because reports below 50 are seen as bearish.Another reason that traders reacted in bearish fashion to the ISM number is that it could be a precursor to more discouraging data and that's a relevant point to consider because the Labor Department deliver the November jobs report before the bell this Friday.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Exciting Biotech Stocks to Buy Now On the tariff front, perhaps the best thing that can be said is that today's headlines don't involve China. Rather, President Trump is targeting Argentina and Brazil with new steel tariffs. This is repeat of something the White House did a couple of years ago and the effects were positive for domestic steel producers."Brazil and Argentina have been presiding over a massive devaluation of their currencies. which is not good for our farmers," said the president on Twitter. "Therefore, effective immediately, I will restore the Tariffs on all Steel & Aluminum that is shipped into the U.S. from those countries."Overall, today was gloomy for the Dow Jones as just five of its 30 components were higher in late trading. Let's look at some of the best and the worst to start the week. Industrial IntrigueThe aforementioned ISM report proved highly damaging for industrial stocks as none of the Dow's constituents from that sector finished higher today. Boeing (NYSE:BA) was the worst offender among Dow industrial stocks, shedding more than 3%.This could be another eventful month for Boeing Federal Aviation Administration (FAA) head Steve Dickson will testify before the House Transportation and Infrastructure Committee next week about the Boeing MAX 737."U.S. officials told Reuters last week it is extremely unlikely, if not impossible, that the agency will unground the plane before the end of December," according to the new agency.United Technologies (NYSE:UTX), Caterpillar (NYSE:CAT) and 3M (NYSE:MMM), the Dow's other industrial names, were all dragged lower by the ISM report."The guts of the report show just how dismal the industrial sector looks," reports Barron's. "New orders, an indication of demand, dropped for the fourth straight month and at an accelerating pace. The streak is the worst since the financial crisis, and it comes despite seasonal factors that tend to give a lift to orders this time of year, said Tim Fiore, chairman of the ISM's survey committee." A Retail AffairLast Friday was Black Friday and today is Cyber Monday, two of the most important days of the year for retailers. However, Black Friday has lost some of its cache in recent years due to the emergence of online shopping. Still, some brick-and-mortar retailers are have significant e-commerce footprints, too. That group includes Walmart (NYSE:WMT).Although Walmart, a Dow component and the largest domestic retailer, experienced a rocky road today, some analysts believe it and rival Target (NYSE:TGT) are winners this holiday shopping season and beyond."We strongly believe that both WMT and TGT's drive up/grocery pick up options offer exactly what the consumer will need as they are increasingly constrained by time," said Raymond James retail analyst Matthew McClintock in a note out today. Tech UpdateDue to the risk off tenor to today's market action, it wasn't surprising to see the Dow's technology constituents retreat, but several of these names remain "buys" this month and for the year ahead.Apple (NASDAQ:AAPL) traded slightly lower despite JPMorgan analyst Samik Chatterjee raising his price target on the iPhone maker to $296 from $290.Speaking of the iPhone, Chatterjee says Apple could eventually consider launching more new versions of the popular smartphone to match Android launches. Apple usually has just one launch per year for the iPhone while Android phones are introduced by handset makers throughout the year. * 10 Great Tech Gifts to Buy for Under $100 Intel (NASDAQ:INTC) joined Apple in the red, Bank of America Merrill Lynch analyst Vivek Arya up his price target on the semiconductor giant to $70 from $65 today while publishing a note outlining five reasons to buy the stock. Bottom Line on the Dow Jones TodayWith manufacturing data deteriorating, there is some burden on consumer data to pick up the slack and that thesis is being tested as we speak thanks to the holiday shopping season. Broadly speaking, investors should expect the consumer to remain healthy, but not overly buoyant."Absent a trade or other exogenous shock, the U.S. economy looks to grow again in 2020," said BlackRock in a note out earlier today. "Real personal consumption has been growing every quarter since the end of 2009. While household consumption remains moderate relative to history, it is not decelerating as it was in late 2007."As of this writing, Todd Shriber did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Things to Watch for into 2020 for Safer Income & Growth * 7 Entertainment Stocks to Buy to Escape Holiday Blues * 5 "Strong Buy" Biotech Stocks With More Than 80% Upside The post Dow Jones Today: Renewed Tariff Talk and Slack Data Punish Stocks appeared first on InvestorPlace.
General Electric is making major changes after a brutal couple of years. Here is what the fundamentals and technical analysis say about buying GE stock now.
ITT rises on solid financial performance, impressive growth prospects, solid product portfolio, focus on innovation, buyouts and shareholder-friendly policies.
Curtiss-Wright's (CW) acquisition of 901D Holdings is likely to be accretive to its 2020 adjusted diluted earnings per share and produce a free cash flow conversion rate in excess of 100%.