NYSE:TTBuilding
Is Trane Technologies (TT) Pricing In Too Much Optimism After Its Strong Three Year Run
If you are wondering whether Trane Technologies at around US$394 a share still makes sense for your portfolio, it helps to step back and look at what that price might actually be buying you.
The stock has posted a 1.2% return over the last week, 0.4% over the last month, an 8.2% return over the past year, and a very large 3 year gain of 133.1%, even with a 1% decline year to date.
Recent interest in the stock has been supported by ongoing attention on climate control, building efficiency and...