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Trane TechnologiesTTBUYJan 30, 2026Stock price when the opinion was issued
As of Jun 15, 2026. Market Open.
All 3 of the Top Picks today involve taking a bit of money away from the infrastructure plays.
This company does HVAC. It has this autonomous building control. Recently bought a company that has generative AI for building management, so everything can be put on cruise control. It also includes predictive maintenance. Yield is 0.96%.
A great HVAC play. Is up 292% in the past 5 years and 44% YTD. In late July reported a clean beat and raise with 13% organic revenue growth and raised its full-year forecast. Bookings grew 19% YOY and carry a $7.5 billion order backlog, heavy in commercial orders from data centres especially, schools and healthcare. Trades at a pricey 32x PE after a big run vs. 26x historical.
Rallied 8% yesterday from a strong quarter. Their AC keeps data centres cool, but they sold off last year from slower business in housing (weak housing sales). Last October they cut their forecast. But this week they reported good numbers and an upbeat forecast. This broke their stock downturn.