It's pretty clear that United Technologies (NYSE:UTX)
has built itself around two principal themes – the increasing
urbanization of the world and the increasing accessibility of commercial
air travel in emerging markets. While these look like good horses to
ride for the long haul, they don't promise great growth every year. In
addition, United Technologies still has to prove that it can
successfully integrate Goodrich and make this expensive deal a
value-creator for the long term.
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