Johnson Controls moves closer–maybe–to breaking out of doldrums
Johnson Controls (JCI), a member of my long-term 50 Stocks portfolio, hasn’t done much of anything for a year now. Over the last 12 months the shares are up just 0.66% and in 2017 to date they’re down 0.1%. That performance isn’t surprising. The...Update Johnson Controls (JCI)
The long-term future for Johnson Controls (JCI) is in batteries for hybrid and electric cars, and systems for building-wide energy efficiency. Not that the near-term future is so bad. What with the recovery, slow though it might be, in the global auto industry....
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In 2005 the company’s automotive business accounted for 69% of sales. By the end of 2007—before the big auto slump—that had dropped to 51%. In that short period the company had transformed itself from just another auto industry supplier to a technology growth company...Jim’s Daily Email Alerts:
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