Six exchange-traded funds (ETFs) that track the major indexes

Six exchange-traded funds (ETFs) that track the major indexes

More and more, exchange-traded funds (ETFs) are finding their way into the portfolios of investors.
That’s because, unlike many other financial innovations, they don’t load you up with heavy management fees, or tie you down with high redemption charges if you decide to get out of them… Read More

COVID-19 helps lift Carrier

CARRIER GLOBAL CORP. $29 is a buy. This company (New York symbol CARR; Manufacturing & Industry sector; Shares o/s: 866.2 million; Market cap: $25.1 billion; Divd. yield 1.1%; TSINetwork Rating: Average; www.carrier.com) is a leader in heating, ventilation and air conditioning (HVAC) equipment. It also makes smoke detectors,… Read More

Merger savings will spur dividend

RAYTHEON TECHNOLOGIES CORP. $61 is a buy. The company (New York symbol RTX; Conservative-Growth Payer Portfolio; Manufacturing & Industry sector; Shares outstanding: 1.5 billion; Market cap: $91.5 billion; Dividend yield: 3.1%; Dividend Sustainability Rating: Above Average; www.rtx.com) took its current form on April 3, 2020, with the merger of… Read More

These spinoffs are off to stellar start

On April 3, 2020, aerospace products maker United Technologies spun off its Otis (elevators) and Carrier (heating and air conditioning equipment) businesses as separate firms. For each share held, investors received 0.5 of a share in Otis and 1 share in Carrier.
Note—United Technologies then merged… Read More