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View Full Version : Any thoughts on United Technologies Corp (UTX)


jasno999
07-16-2007, 11:33 AM
Their chart looks good and I am thinkign about buying- I wanted ot hear your thoughts.

coolio
07-16-2007, 04:35 PM
This stock really defied my expectations. I came in at about $65/share a few months ago and it has done great. It is highly leveraged to two down sectors: Housing (HVAC sales) and military (helicopters). Housing is still in the doldrums and the iraq war seems to be coming to an end. LMT another leveraged stock to the war has pretty much done nothing. Yet, this stock has done great over the last few months.

Maybe commerical real estate has saved them on the HVAC end, but I'm not sure. I still think it has 10 points left when the rest of the street "rediscovers" it. Right now, IMHO, it is still undervalued at current trading levels.