Otis Worldwide is an elevator and escalator manufacturing, installation and service company. Co. segments include New Equipment and Service. Co.'s New Equipment segment designs, manufactures, sells and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential, commercial and infrastructure projects. Co. also provides escalators and moving walkways. Co.'s Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. Co. services include inspections, preventive maintenance offerings and other customized maintenance offerings tailored to meet customer needs.
When researching a stock like Otis Worldwide, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from OTIS Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for OTIS stock — the real life supply and demand for the stock over time — and examines that data in different ways. |