The stock came off because they announced the split in three parts ( Aerospace, Otis Elevators and Chubb and Carrier Division) but it will take up to 18 months to wait until a recent acquisition closes. All three business are great with recurring revenue streams. But the spinoff  is an overhang on the stock. You will be paid to hold here.

(A Top Pick September 12, 2017. Up 24%). This is a large US industrial company with 4 divisions. Pratt Whitney makes the engines for several types of aircraft. They are ramping up on a new engine and probably have the manufacturing problems behind them. They also own Otis Elevator, an Aerospace division and a division that makes climate controls. They are well-positioned for increased urbanization and for air travel. They have a recurring revenue stream from the service contract attached to their original equipment contract. Recurring revenue accounts for 40 to 45% of their overall revenue, making the business less cyclical than other industrials. They are growing through another acquisition (Rockwell Collins) and have raised their guidance in the first and second quarter. She sees this as a high-quality large-cap industrial company.

He used to own it. A great industrial company involved in airplane parts, Otis Elevators and Carrier air conditioners. UTX has centered their technology on the gear turbo fan, an improvement on airplane jet engines with 10% more fuel efficiency, but it's a more complex engine. UTX had issues manufacturing some of the parts. This slowed them down. They have since solved them, so they shoud be on a roll. He likes this stock and may look into it.

A US industrial company with four divisions, including Otis Elevators and aerospace. Their engine business is doing well. They're closing on an acquisition that'll expand their aerospace position.They raised guidance in Q1, which they rarely do. Well-run and good management. Good balance sheet. Pays a 2.5% dividend. (Analysts' price target $146.35)

He would sell this and buy GE.  The valuation is double that of GE on a per sales basis.  If you are optimistic of global economic growth and confident Mr. Trump won’t create a trade war, it is a good hold. 

(A Top Pick Jan 13/17. Up 28%.) Just hit new all-time highs. Has very nice dividend growth. You're looking at a 9% long-term growth rate in terms of EPS. They are acquiring Rockwell Collins, making it the world's largest aerospace supplier. That could set the stage for an eventual breakup of this conglomerate.

A conglomerate, which makes it harder to analyse. Some of their businesses are on the upswing and some are on the downswing. He would rather be more focused, unless it is very deeply discounted, which he doesn’t believe it is.