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UTX's Affiliate Collaborates with AT&T to Boost Portfolio
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Carrier, an operating unit of United Technologies Corporation recently collaborated with AT&T Inc. (T - Free Report) to incorporated the latter’s wireless connectivity on commercial HVAC (Heating, ventilation and air conditioning) equipment in its Smart Service solution.
AT&T is the largest provider of pay TV in the world. In the U.S, the company combines its broad video footprint with its nationwide mobility service and high-speed internet available across 60 million locations.
The Carrier SMART Service is a dynamic, proactive strategy for enhanced equipment and system management. The inclusion of AT&T’s network will help collect and analyze chiller operating performance for delivering pro-active service solutions.
This collaboration will help enhance Carriers’ services for its customers. It will be well placed to provide facility managers the capability to make more informed maintenance decisions. On using AT&T’s IoT (full form) technology, SMART Service will be able to curb chiller energy and maintenance expenses.
United Technologies, the parent company of Carrier outperformed the Zacks categorized Diversified Operations industry with an average return of 4% compared with 2.4% for the latter, over of the last 90 days. In order to fuel its growth momentum, the company further remains focused on four key priorities: flawless execution, innovation for growth, structural cost reduction and disciplined capital allocation. United Technologies is also seeking potential acquisition targets to achieve aggressive revenue targets and augment its market position.
Carrier is a leader in high-technology heating, air-conditioning and refrigeration solutions globally. The company provides sustainable solutions, integrating energy-efficient products, building controls and energy services for residential, commercial, retail, transport and food service customers.
Hitachi has a long-term earnings growth expectation of 13% and is currently trading at a forward P/E of 14.3x.
Barloworld has a long-term earnings growth expectation of 18.70% and is currently trading at a forward P/E of 13.54x.
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UTX's Affiliate Collaborates with AT&T to Boost Portfolio
Carrier, an operating unit of United Technologies Corporation recently collaborated with AT&T Inc. (T - Free Report) to incorporated the latter’s wireless connectivity on commercial HVAC (Heating, ventilation and air conditioning) equipment in its Smart Service solution.
AT&T is the largest provider of pay TV in the world. In the U.S, the company combines its broad video footprint with its nationwide mobility service and high-speed internet available across 60 million locations.
The Carrier SMART Service is a dynamic, proactive strategy for enhanced equipment and system management. The inclusion of AT&T’s network will help collect and analyze chiller operating performance for delivering pro-active service solutions.
This collaboration will help enhance Carriers’ services for its customers. It will be well placed to provide facility managers the capability to make more informed maintenance decisions. On using AT&T’s IoT (full form) technology, SMART Service will be able to curb chiller energy and maintenance expenses.
United Technologies, the parent company of Carrier outperformed the Zacks categorized Diversified Operations industry with an average return of 4% compared with 2.4% for the latter, over of the last 90 days. In order to fuel its growth momentum, the company further remains focused on four key priorities: flawless execution, innovation for growth, structural cost reduction and disciplined capital allocation. United Technologies is also seeking potential acquisition targets to achieve aggressive revenue targets and augment its market position.
Carrier is a leader in high-technology heating, air-conditioning and refrigeration solutions globally. The company provides sustainable solutions, integrating energy-efficient products, building controls and energy services for residential, commercial, retail, transport and food service customers.
United Technologies currently carries a Zack Rank #3 (Hold). A couple better-ranked stocks in the same space include Hitachi, Ltd. (HTHIY - Free Report) and Barloworld Ltd. (BRRAY - Free Report) . Both stocks carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here
Hitachi has a long-term earnings growth expectation of 13% and is currently trading at a forward P/E of 14.3x.
Barloworld has a long-term earnings growth expectation of 18.70% and is currently trading at a forward P/E of 13.54x.
Zacks' Top Investment Ideas for Long-Term Profit
How would you like to see our best recommendations to help you find today’s most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >>