Is Otis Worldwide Stock Underperforming the Dow?

Farmington, Connecticut-based Otis Worldwide Corporation (OTIS) manufactures, installs, and services building systems. Valued at $34.5 billion by market cap, the company offers elevators, escalators, and other moving products. Companies worth $10 billion or more are generally described as “large-cap stocks,” and OTIS perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the specialty industrial machinery industry. OTIS is the large ...