Buy, Sell, or Hold: United Technologies

Updated

The following video is part of our "Motley Fool Conversations" series, in which industrials editor/analyst Brendan Byrnes and consumer-goods editor/analyst Austin Smith discuss topics around the investing world.

In today's edition, Brendan and Austin discuss Dow component United Technologies and whether it's a buy, sell, or hold. United Technologies has slightly underperformed the Dow so far this year by a few percentage points, but Brendan thinks the company is a solid long-term buy candidate. United Tech is the eighth most influential stock on the price-weighted Dow, so an uptick in the stock would be good for the index as a whole. Brendan sees significant opportunity for United Technologies in the booming aerospace sector, which it has exposure to through its Pratt Whitney division, as well as its recent huge acquisition of Goodrich. Add in a dividend of 2.6% and a forward P/E around 10, and Brendan thinks this all adds up to a solid long-term buy.

United Technologies is certainly not the only high-yielder that we have our eye on. Our analysts have compiled a special free report outlining our nine top dependable dividend-paying stocks. It's called "Secure Your Future With 9 Rock-Solid Dividend Stocks." You can access your complimentary copy today at no cost! Just click here to discover the winners we've picked.

At the time thisarticle was published Austin Smithand The Motley Fool have no positions in the stocks mentioned above.Brendan Byrnesowns shares of United Technologies. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.

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