United Technologies Is Looking Good in 2013
Jan 2nd 2013 2:00PM
Updated Jan 2nd 2013 2:08PM
Responding to big promises from Boeing and Airbus, about a big market for commercial airplanes over the next few decades, United Technologies has bought Goodrich... but sold both off Pratt & Whitney Power Systems, and UTC Power as well, saying it wants to focus on its "core aerospace and commercial businesses." It gets a Fool to wondering -- is United Tech up to something?
Actually, Fool contributor Rich Smith thinks it just might be. Listen in as he explains how UTX is moving to rearrange its business, and boost its profit margins, dramatically in the new year.
UTX's strategy, as it dynamically pivots to capture big profits and dump its losers, almost makes the company look like a GE wannabe. Could UTX actually "out-GE" GE? And if it tries to do so, what are the risks? An understanding of GE could help answer those questions. Today, we're offering comprehensive coverage of the world's most famous industrial conglomerate, in our premium report on General Electric, where we break down GE's multiple businesses. You'll find reasons to buy or sell GE, and you'll receive continuing updates as major events unfold during the year. To get started, click here now.
The article United Technologies Is Looking Good in 2013 originally appeared on Fool.com.Fool contributor Rich Smith has no positions in the stocks mentioned above. The Motley Fool owns shares of General Electric Company and Textron. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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