Reported 1 day ago
A bullish investment thesis on Otis Worldwide Corporation (OTIS) outlines its strong position in the vertical transportation market, driven by recurring service operations that generate substantial profits. With plans for modernization sales in China and disciplined capital allocation, Otis aims for steady growth and margin expansion despite some near-term restructuring costs. Analysts see potential for high single-digit EPS growth due to its competitive advantages in service and efficient operations.
Source: YAHOO