Buy Carrier on the Data-Center Cooling Cycle and A Short-Cycle Operational Recovery
Carrier (CARR) is levered to a structural surge in data-center cooling and appears to be entering a short-cycle operational recovery. At $55.57 today the stock offers a tradeable asymmetric return: continued backlog-led order growth and cash generation justify a target near $66.50 while near-term weakness below $50 should force an exit. Technicals …