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OTIS - Otis Worldwide: Solid Fundamentals And Growth Levers But Highly Valued Hold
Otis Worldwide Corporation
2024-05-17 11:21:36 ET
Summary
Otis Worldwide Corporation stock has outperformed the S&P 500 by 28% over the last five years.
The company has strong financial health and promising growth initiatives and innovations.
However, the stock is currently trading at a premium, making it a hold for now until a potential pullback occurs.
Investment Thesis
Otis Worldwide Corporation ( OTIS ) stock has soared more than 114% over the last five years outperforming the S&P 500 by a margin of more than 28%....