United Technologies (UTX)

(Market Call Minute.) Loves this. All of these products are going to be used in the economic recovery.

15-20% defense will be offset by other businesses. Diversified industrial markets also. Always increase dividends.

Aerospace area is a good area. Boeing (BA-N) Airbus is hitting new all-time highs. A lot of stocks in the sector have done very, very well. Likes the longer-term outlook for the sector. Fully valued here and he would like to get it on a pull back.

(A Top Pick March 26/13. Up 8.72%.) Very, very impressive business. Stock consistently outperforms the S&P 500. Very well managed and have dominant market shares in their 3 main businesses of 1) aerospace, which is 50% of revenue, 2) escalators and elevators and 3) climate control and security. This gives you a mid-teens EPS growth over the next few years. Yield of 2.14%.

(Top Pick Aug 22/12, Up 31.65%) Digested the Goodrich acquisition very, very well. Pratt and Whitney operation is doing well. Just a good core position.

(A Top Pick August 1/12. Up 41.98%.) A very high quality diversified industrial. Last year they bought Goodrich, an aerospace company, which gave them a much larger platform. Also, Otis Elevators, one of their divisions, was experiencing difficulties in China which has been resolved. Still likes but she would wait for it to go under $100 before buying more.

A broad diversified aerospace, industrial company. They own Carrier, Otis, Sikorsky Helicopter. They are growing quite well. Great international exposure. Just announced that they expect their revenues and earnings to grow in the 13% range.

Big suppler into aerospace industry. Stock is close to new highs. Would be very comfortable owning this.

2012 was kind of a transition year for them. They bought Goodrich so they were digesting that. Expects synergies will come through for this sometime this year. There has been an improvement for Otis elevators in China. Yield of 2.28%.

Very large global, but US-based, industrial company. About 50% of their company is exposed to aerospace. Have another 20% in elevators and escalators. Balance is climate control and security. Great way to play growth in emerging markets, improvement in the airline industry and the backlog for Boeing and Airbus continues to look strong. Dividend yield of 2.29%.

(A Top Pick Jan 11/12. Up 13.49%.) Still a very solid Hold. $7 of free cash flow. Well diversified.

(A Top Pick Oct 12/11 . Up 5.01%.) Very high quality, global industrial company. In the past they had benefited from the fast Chinese infrastructure through Otis elevator but the big slowdown has hurt Otis. Also, did an acquisition, which has diluted the shares. Management is very good at creating synergies and she expects to see them cut costs. Have set themselves up very nicely for next year. Can see it easily getting over $90 next year.

Broadly based industrial. Has Pratt & Whitney, Otis Elevator, Carrier and Mussorgsky. Recently bought Goodrich. They are restructuring their business to be more streamlined. Good future ahead. 2.7% dividend.

Trading at just over 12X next year’s earnings. Historically has traded in the 14-15 multiple area. Not a huge grower, but will grow low double digits. At 12X earnings, with the diversification it offers in the various industry groups, it is worthy of a buy.

(A Top Pick Aug 2/11. Down 6.93%.) 2.8% dividend yield. High-quality industrial aerospace. Trading at about 13X earnings. Acquired the aerospace company Goodrich which is dilutive this year but should be accretive next year. Management is very good at integrating operations, cutting costs and improving margins. Looking for about $90 in 12 months.