NYSE:OTIS

Otis Worldwide Corp. (OTIS)

68.32
+0.24 (0.35%)
as of Sep 23, 2026, 8:00:00 pm Market Open.
96 watching
0
BUY
Was a top pick recently. A leader in elevators, a oligopoly in this sector. They're diversified geographically. She has bought more shares, liking their recurring revenues. It's sort of defensive/industrial with opportunities for growth in China. Pays a 2% dividend. Good for long-term price appreciation.
TOP PICK

This company was a spin off from from the OTX purchase by RTN and started trading April 3. They are the global leader in the elevator industry. They have a 17% market share. Service is 50% of their revenues but 80% of their profits. They usually have a 93% retention for this business. They suggest after COVID social distancing may lead to higher elevator usage and higher service requirements. Yield 0.4% (Analysts’ price target is $57.17)

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