Sunday, 20 October 2013

UTC Stock Analysis: Sell at 52-week High

United Technologies Corporation (UTC) (NYSE: UTX) is an industrial conglomerate that provides a broad range of high-technology products and services. Founded in 1975 and headquartered in Hartford, Connecticut, it operates through its five subsidiaries, namely Otis Elevator Company (OTIS), UTC Climate, Controls & Security (CC&S), Pratt & Whitney (P&W), Sikorsky and UTC Aerospace Systems (UTCAS).

UTC has been restructuring its portfolio to achieve operational efficiencies. It has recently completed a number of acquisitions and divestitures to lower costs. Read More: United Technologies Corporation (UTC)

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