Otis

OTIS | NYSE | 7 Followers

$97.67

-0.55%

-$0.54

Overview Metrics Financials

Fair Price

$48.84

Overvalued by 1.7%

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Profile

Otis Worldwide Corporation (OTIS) is an American company based in Farmington, Connecticut, specializing in the manufacture, installation, and maintenance of elevators and escalators. With over 165 years of experience, Otis is one of the leading global suppliers in the elevator industry. Their products and services are used in commercial buildings, residential households, shopping centers, airports, and other locations worldwide. Otis is known for its innovative technology and safety standards, contributing to the comfort and security of users. The company is also active in sustainability efforts, aiming to reduce the environmental footprint of its products. Otis Worldwide Corporation (OTIS) shares could be suitable for investors seeking investments in a leading global supplier of elevators and escalators with a long history and strong market position.

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Bill Combs

@billcombs

Does anyone have $OTISstock in their portfolio too ?

I was quite intrigued by this elevator and escalator manufacturer earlier this summer, so I bought in and so far I'm +10% on this position. The stock has been steadily rising, but admittedly the valuation is quite high and the stock is not cheap.

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Nigel Thornton

@_thornton 6M

The question is whether this business is sustainable and whether their stock will rise as it has been, as elevators are almost everywhere and it seems to me that such a company should rather decline.

Like 0 1

Bill Combs

@billcombs

10M

I bought shares of $OTISa few months ago . Otis is the world's leading manufacturer of elevators and escalators. It's a more expensive stock, and it's certainly not cheap, but I can see the potential.

Doesanyone also have shares of $OTIS?

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Ashraf Aboudar

@ashraf_dd 10M

The purchase a few months ago is certainly at a very good price and the position will now be in the black. Nice company. Debt OK, dividend, growth on the horizon.

Like 0 1

Bill Combs

@billcombs

10M

Investors, which stocks are you currently following or find interesting?

I want to take a closer look at$RMS.PA and I recently added $OTIS stock to my portfolio , which I think is also an interesting stock.