tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Carrier Global CEO: Viessmann expected to have strong growth in Europe

In an interview on CNBC’s Mad Money, David Gitlin said Carrier has the capital to accelerate its share buyback and pay down debt. He’s seeing a transition from fossil fuel heating to renewables and expects the trend to continue. The transition to EVs will happen to homes and buildings next, he added. He expects the company’s K-12 business to be up 20% this year.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on CARR:

Disclaimer & DisclosureReport an Issue

1