美国联合技术公司旗下的奥的斯公司是世界顶级电梯制造商。公司第一季度财务报告显示其在电梯业务方面发展良好，每股收益增长4.3%。奥的斯第一季度纯收益为10.1亿美元，同期上涨17%，平均每股1.11美元，而去年同期的纯收益为8.66亿美元，每股0.93美元。之前预计每股为1.13美元，高于外界猜测的0.9美元左右。奥的斯对其发展前景持乐观态度。联合技术公司希望2011年平均每股收益为5.25美元至5.40美元之间，外界则预计为5.37美元（此处包括公司旗下其他子公司——西科斯基、联合技术安防消防、汉胜、普拉特惠特尼）。摩根大通分析家Joseph Nadol说：“我们之前就预计联合公司第一季度有不错的业绩表现，不过结果比预期更好，公司实现了9%的利润增长。”

　　美国联合技术公司虽然不是一支绩优股，但其发展势头一直都保持稳定。公司各项业务随着经济复苏都实现了强力反弹，自去年起实现增长13%，其中奥的斯电梯新品订单量增长17%。奥的斯的新产品订单。公司整体仍面临着一些困难。奥的斯总裁Greg Hayes表示持续的物价上涨仍是面临的最大困难之一，同时日本因地震导致的产品供应链中断也是一大难题。联合技术公司旗下的普拉特惠特尼发动机公司也因波音公司终止与其合作、转而采用GE和劳斯莱斯的飞机发动机而受到打击。

United Technologies Finds Love In An Elevator

　　United Technologies Corp (UTX). The Connecticut conglomerate, arguably best known for its industry-leading Otis elevators, got a huge lift after announcing robust results. Shares finished 4.30% higher in a standout performance, even on such a stellar day, as first quarter net income surged 17% to $1.01 billion, or $1.11 per share, from $866 million, or $0.93, a year earlier. It earned $1.13 ex-items, which beat Street estimates by some nine cents. Going forward, the firm also issued an upbeat outlook. United Technologies now expects to earn between $5.25 and $5.40 per share for the full year; consensus stood at only $5.37 on an outfit whose other operating segments include Sikorsky helicopters, UTC Fire and Security, Pratt and Whitney, and Hamilton Sundstrand. Analyst Joseph Nadol at JP Morgan said, “We had anticipated that the first quarter could be particularly strong…[but] it was even more impressive than we had expected, driven by the acceleration of organic growth to 9%.”
　　This company is arguably the Dow Average’s Rodney Dangerfield, not commanding anything like the respect or column inches of other blue chips, but it has been a reliable performer since being established in the depths of the Depression. Their long-cycle businesses are rebounding nicely in an improving economy and operating margin surged some 70 basis points from 12 months earlier, to 13%. New Otis equipment orders also gained 17% in the quarter. Factor in a 2.22% dividend yield, and we can see why so many equity analysts are big believers in the stock. Indeed Bank of America-Merrill Lynch has United on its “Focus List” of favored shares, which is Wall Street’s best performing portfolio of the past six months or so. Concerns? CFO Greg Hayes admits ever increasing commodity prices are one of the “biggest threats”, while “emerging supply chain disruptions” in Japan demand attention. Boeing also dealt Pratt & Whitney a blow when it opted for General Electric (GE) and Rolls Royce to supply engines for their 787 Dreamliner. Still, on an afternoon like this you don’t need to be in a Sikorsky to admire the view. “Helicopter Ben” Bernanke could certainly do a lot worse as an investment.