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0 0 0.00103717451825972 0.00125552704841977 -0.0004367050603198 -0.00343905235001908 -0.00387575741033888 -0.00387575741033888
Stock impact report

Headwinds Can't Ground This Elevator Giant: Why I'm Still Bullish On Otis [Seeking Alpha]

Otis Worldwide Corporation (OTIS) 
Company Research Source: Seeking Alpha
OTIS faces declining New Equipment sales and profits, but strong Services segment growth and cost-saving measures help offset challenges. Share repurchases, a healthy balance sheet, and strategic global projects support long-term bullishness, though near-term upside is limited. OTIS remains a buy for long-term investors, with premium valuation justified by solid fundamentals and projected double-digit earnings growth. cenkarman/iStock via Getty Images Introduction Otis Worldwide ( OTIS ) reported their Q3 earnings with a beat on their top and bottom lines. Although the company managed to beat estimates, headwinds were still apparent, again in China. Their New Equipment segment experienced a decline More on my IG service This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of OTIS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receivin Show less Read more
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