Otis Worldwide Corp. (OTIS) Buy, Sell or Hold

Otis Worldwide Corp. (OTIS)

78.37

+2.62 (3.46%)

as of Nov 2, 2026, 9:00:00 pm Market Closed.

98 watching

BUY

Industrials have lagged, and if there's a recovery, we're going to see widespread participation. If you believe we're on that path, Otis would be a good way to play this.

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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Otis Worldwide Corp. (OTIS)