- Trane has put together two better-than-expected quarters, with improving commercial HVAC-R demand and more residential demand than the supply chain can currently handle.
- Long-term growth opportunities remain attractive, including green building retrofits, school upgrades, data center opportunities, European heating electrification, and pharma cold-chain build-outs.
- Trane has an attractive long-term growth outlook compared to many industrials, but this is largely reflected in the valuation today.
For further details see:
Trane Seeing All The Demand It Can Handle, If Not More