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Great News for This Huge Acquisition

By | More Articles
July 9, 2012 | Comments (0)

In today's edition, industrials editor and analyst Brendan Byrnes discusses United Technologies' recent $16.5 billion deal to acquire aerospace components manufacturer Goodrich. After divesting some smaller businesses, the company will reportedly receive approval from the EU, and the purchase should help United Tech become an even bigger player within the aerospace sector. What's more, the stock price may not reflect the company's new growth potential yet, making it an attractive option to buy on a dip.

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Brendan Byrnes owns shares of United Technologies. The Motley Fool owns shares of Lockheed Martin. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


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Related Tickers

5/21/2013 4:01 PM
LMT $106.99 Up +0.43 +0.40%
Lockheed Martin Co… CAPS Rating: ****
UTX $97.55 Up +0.32 +0.33%
United Technologie… CAPS Rating: ****
GR $0.00 Down +0.00 +0.00%
Goodrich Corp CAPS Rating: ****
BA $98.75 Up +0.03 +0.03%
The Boeing Company CAPS Rating: ***
GE $23.66 Up +0.09 +0.38%
General Electric C… CAPS Rating: ****

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