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-0.00196543018061757 -0.00184501845018448 0.000291318702660722 0.0064090114585356 0.0042726743056904 0.0064090114585356 0.00572926781899401 0.00893377354826182
Stock impact report

Otis Worldwide Corporation (OTIS): A Bull Case Theory [Yahoo! Finance]

Otis Worldwide Corporation (OTIS) 
Company Research Source: Yahoo! Finance
A technician in a safety harness inspecting a passenger elevator in a modern office building. Otis Worldwide Corporation founded in 1853 is a leading global company in the elevator and escalator industry operating in over 200 countries. The company has two main business areas: New Equipment, which handles the manufacturing and installation of elevators and escalators making 43% of sales which helps build long-term customer relationships and future service revenue. And the Service segment makes up 57% of sales contributing 78% of Otis' operating profit due to its recurring revenue, high customer retention, and modernization opportunities. Otis' large scale and strong market position make it hard for competitors to increase their market stake. Key strengths include a large installed base, global reach, strong brand, and advanced technology like the Otis ONE™ platform. Otis Worldwide Corporation (OTIS) has a strong position in the elevator and escalator industry. Being the largest c Show less Read more
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