United Technologies: Profit From the Global Economic Recovery


If you can tolerate moderate risk, consider United Technologies (UTX), maker of elevators, air conditioning systems, and jet engines -- all of which emerging markets will need to develop their economies. I previously recommended shares of this company on February 13, 2009 at a price of $47.09. I am now reiterating my Buy rating. If you bought UTX in February, you're up an impressive 48%. If you missed out, don't fret: there's much more upside ahead. Industrial giant United Technologies is one of those rare 'mutual-fund-in-one-company' plays, and a superior one at that.