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FUND Buy 12.11.2019 11:17

United Technologies Corp. (UTX/NYSE): general review

Shares of United Technologies are trading at a 52-week high, adding more than 7% in value since the publication of a strong quarterly report on October 22, exceeding market expectations. The company also revised its forecast for 2019 towards growth, expecting 4-5% organic sales growth to USD 76.0-76.5 billion with earnings per share of USD 8.05-8.15. Since the beginning of this year, the issuer quotes have increased by 39.2%.