CARR Stock Recent News

Electronics stocks like KLA (KLAC), Carrier Global (CARR) and Trimble (TRMB) are expected to benefit from investments in infrastructure and expanded capacity despite macroeconomic headwinds.

Carrier (CARR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Carrier Global is reshaping itself into a "climate" powerhouse by focusing on its core businesses and divesting non-core assets. The company has announced the sale of its security business to Honeywell for $5 billion, allowing it to reduce debt and focus on its core operations. Carrier's acquisition of Viessmann positions it to capitalize on the growing demand for heat pumps in Europe's decarbonization movement.