Reported 2 days ago
Jim Cramer recently discussed Otis Worldwide Corporation (OTIS), emphasizing its strong revenue from China despite challenges. The company's second-quarter earnings report revealed a revenue miss and a 20% decline in China sales, contributing to a 3% year-to-date decline in stock value. Cramer noted the strength of Otis's service and repair business, suggesting potential resilience amidst market fluctuations.
Source: YAHOO