In today's edition, industrials editor and analyst Brendan Byrnes discusses whether United Technologies is an overrated or underrated Dow stock. So far this year, United Tech has risen nearly 10%, beating the Dow by a few percentage points. The According to S&P Capital IQ, the average analyst recommendation for United Tech is 1.6 (1 = strong buy, 5 = strong sell), and the stock sports a four-star rating from our CAPS community. Analysts are clearly bullish on the stock, and Brendan agrees. Its $16.5 billion Goodrich acquisition should help the company benefit from the aerospace boom, and the company has been performing fairly well in most of its other segments. Importantly, with the company trading around 16 times earnings, the future earnings power of Goodrich doesn't seem properly priced into the stock. Check out the following video for more on United Technologies. 

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This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.