Carrier: HVAC Leader Set To Outperform Following Summer Heat Waves

Jul. 25, 2022 1:17 PM ETCarrier Global Corporation (CARR)3 Comments


  • Carrier Global has generated solid growth as an HVAC and refrigeration market leader.
  • Record heat waves across the United States and Europe support a positive operating environment for the company despite macro headwinds.
  • We are bullish on the stock and see the upcoming Q2 earnings report as a catalyst for shares to rally higher.
  • Looking for a portfolio of ideas like this one? Members of Conviction Dossier get exclusive access to our model portfolio. Learn More »

Heat Wave Grips New York

Chris Hondros/Getty Images News

Carrier Global Corp (NYSE:CARR) is recognized as one of the world's largest heating, ventilation, and air cooling (HVAC) companies across a portfolio of commercial and residential brands. While shares have been volatile this year amid the broader market selloff

Carrier Global Q1 2022 summary

source: company IR

Carrier Global trends

source: company IR

Carrier Global future profile

source: company IR

Carrier Global vs peers PE ratio

source: YCharts

Carrier Global Q2 earnings outlook

Seeking Alpha

CARR stock chart

Seeking Alpha

Add some conviction to your trading! Take a look at our exclusive stock picks. Join a winning team that gets it right. Click here for a two-week free trial.

This article was written by

Dan Victor, CFA profile picture
Outside-the-box trade ideas through a powerful multi-sector strategy.

BOOX Research is now Dan Victor, CFA

15 years of professional experience in capital markets and investment management at major financial institutions.

Check out our private marketplace newsletter service *Conviction Dossier* for curated trade ideas.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in CARR over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Recommended For You

Comments (3)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.