July 9, 2012
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.
United Technologies looks like a great long-term play going forward, but our chief investment officer has picked out a different stock that he's even more bullish on. In fact, this stock has so much promise that we've billed it The Motley Fool's Top Stock for 2012. To access the report before the rest of the market catches on, click here -- it's absolutely free.