Actionable news
0
All posts from Actionable news
Actionable news in UTX: UNITED TECHNOLOGIES CORPORATION,

What Should You Buy Now? United Technologies, Liberty Global, Encana

NEW YORK (TheStreet) -- Which stocks should you be buying now?

Danton Goei, portfolio manager for the Davis Global Fund, said start with United Technologies (UTX - Get Report) . Its shares have fallen 18% this year partly due to global weakness in its Otis Elevator subsidiary, and the market has been overstating the impact of Otis on its parent company.

"In China [UTX has] about 15% of their business over there that is being impacted by the slowdown in growth, but long term it's a great business," said Goei. "And for Otis only about 7% of their profits are in China."

The Davis Global Fund is up 2.2% for the year to date, according to fund-tracker...


More