Otis Worldwide came out with quarterly earnings of $0.72 per share.

Today’s instrument is Otis Worldwide’s stock traded in the NYSE exchange under the ticker OTIS.

The COVID-19 pandemic has had a negative impact on these four of our stocks. See which stocks we have decided to sell and what we'll be buying instead.

Recently, United Technologies broke up into 3 public companies. First, it spun off its two non-aerospace divisions: Otis Worldwide Corp and Carrier Corporation. Then, it merged the remaining company with Raytheon to create an aerospace/defense giant.

Otis has been a very strong business for 167 years. Now that it is once again a standalone company, it offers a “pure-play” on a variety of important and growing trends around the world.