Darren SissonsCarrier Global Corporation CARRBUY ON WEAKNESSJul 31, 2023
It is in the HVAC business and heat pumps are the European answer to energy costs. The market likes its acquisition. It looks a little rich but is good for a 3 to 5 year hold.
Demand for air-conditioning not going away. Stable business model. Likes sector due to defensive attributes. "Picks & shovels" style business - correlated to housing market.
Leader in heating and ventilation business. Global warming will be good for business. Cyclical business. Would buy if markets start to recover. Recent M&A good for business.
Honeywell vs. Carrier for HVAC investment HVAC is recurring, so kind of defensive. She owns neither, but Carrier offers direct exposure to HVACs. She likes Honeywell, a more diversified industrial. Are well-managed. She likes their aerospace exposure as international travel resumes. Overall, she prefers Honeywell.
Watch for a pullback in the DIY Bull market leading up to the Nov. 3 vote: It was recently spun out by United Techologies. Best know for making air conditioners. Home appliances like this are enjoying the current stay-at-home, home improvement trend.
Watch for a pullback in the DIY Bull market leading up to the Nov. 3 vote: It was recently spun out by United Techologies. Best know for making air conditioners. Home appliances like this are enjoying the current stay-at-home, home improvement trend.
It is in the HVAC business and heat pumps are the European answer to energy costs. The market likes its acquisition. It looks a little rich but is good for a 3 to 5 year hold.