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Otis Worldwide Corporation (OTIS): A Bull Case Theory

We came across a bullish thesis on Otis Worldwide Corporation on Brass Tacks Cap’s Substack. In this article, we will summarize the bulls’ thesis on OTIS. Otis Worldwide Corporation's share was trading at $86.38 as of August 29th. OTIS’s trailing and forward P/E were 22.85 and 21.32 respectively according to Yahoo Finance.

Otis Worldwide Corporation (OTIS), founded in 1853 by Elisha Otis, is the global leader in elevators and escalators, with operations across more than 200 countries. Spun off from United Technologies in 2020, the company now benefits from a singular focus on...