Otis Worldwide's (OTIS) Strategic Initiatives Aid Amid Cost Woes

However, the aforementioned tailwinds are partially offset by headwinds in the form of high costs and expenses, along with the high concentration of the company's business in the international market. Shares of this leading elevator and escalator manufacturing, installation and service company have gained 10.7% in the past year compared with the Zacks Building Products - Miscellaneous industry's 35.7% growth. What Makes the Stock Appealing Solid Modernization Backlog: In the first quarter of 2024, moderniza ...