The United Technologies Corporation is an American multinational that researches, develops and manufacture high-technology products in various ways. United Technology owns four divisions: Otis, UTC climate control and security, Pratt and Whitney and UTC aerospace systems. Otis installs and maintains elevators, escalators and moving walkways. UTC Climate, Controls and Security’s fire safety, security, building automation, heating, ventilation, air conditioning and refrigeration systems and services. Pratt & Whitney design, manufacture and service aircraft engines, auxiliary and ground power units, and small turbojet propulsion products. UTC Aerospace Systems is one of the world’s largest suppliers of advanced aerospace and defense products …show more content…
United Technologies Corporation as the 38th-largest corporate producer of air pollution in the United States as of 2008. Even if CEO Gregory Hayes has a plan to reduce pollution emission, “By 2020 we are targeting a reduction of 15 percent in GHG emissions compared to our 2015 baseline operations”. Furthermore, I believe that they should try to reduce them by at least 20 percent to change the image of the company. Also, United Technologies should stop supplying military equipment to country for war purposes. For example, when they supplied Israel for war between them and the Palestinians. The company should stop cheating the United States federal government. They should stop because it is illegal and they were fined in the past from these actions. Consequently, the government will support United Technologies by giving them more in R&D or Research and Development. Research and Development is very useful to expand business operations. Finally, they should stop lying to the shareholders so that the shareholders trust United Technologies and they should hire the best directors and officers to be a better corporation and to avoid future problems. For example, court case of United Technologies CORP., a Delaware corporation, Defendant, Appellant, v .Lawrence Treppel, Plaintiff, Appellee that I explained in the previous paragraph. Lastly, I would recommend United Technologies be …show more content…
Also, court cases proved that lives were in danger due to chemical exposure in the workplace. Furthermore, the United Technologies Corporation was sued for making false statement about past transactions. Even if according to stock specialists from the market watch website, United Technologies are also known as UTX is a good stock to buy or to keep. Also, no analysts’ recommend selling it right now and it is a safe stock to invest in. I’d rather buy less expensive shares because at 99.30 dollars I consider that this share is at a mature stage and that is value will remain constant compared to a new business that have a greater potential. I don’t believe that UTX share price will increase a lot in the next year compared to a smaller emerging corporation that just made their initial public offer percentage wise. I believe that if United Technologies Corporation would follow my recommendations they would be a great corporation. UTX stock fits in a conservative stock and is considered a low risk stock. I am not a very conservative person and I am a risk-taker. I would invest in a riskier stock than