What to Expect From United Technologies in 2018
There are two main themes to United Technologies Corporation (NYSE: UTX) coming year. The first is the completion of the acquisition of Rockwell Collins, Inc (NYSE: COL) and the second is the continuation in development of United Technologies's long-term strategic objectives.
The investment thesis for the stock isn't really about its near-term earnings potential -- analysts are expecting just 3% EPS growth in 2018 -- but rather how the company is positioning itself for long-term earnings growth. Let's take a look at current progress and what the company needs to do in 2018.
The geared turbofan is the key to United Technologies' long-term aviation growth. Image source: United Technologies.
Source: Fool.com