Market Analysis
WATCH: Stock pick — United Technologies
Craig Pheiffer from Absa Stockbrokers and Portfolio Management talks to Business Day TV about his stock pick of the day
12 June 2019 - 07:58
Craig Pheiffer from Absa Stockbrokers and Portfolio Management chose United Technologies as his stock pick of the day.
“I have previously looked at United Technologies, it’s a company that operates in the aerospace technology industry and they produce the Pratt & Whitney jet engines. Over the course of the past week they announced a merger with Raytheon, which is also in the aerospace industry. This merger is bringing in two substantial companies, which will create a new global aerospace giant and technology company.”..
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