Is Now the Right Moment for Carrier Global Shares After Recent Price Drop?
If you’re holding Carrier Global stock or considering jumping in, you’re probably asking yourself: is this the right time, or am I better off waiting on the sidelines? After all, it hasn’t exactly been a smooth ride lately. Over the last year, Carrier Global’s price dipped by nearly 26%, and the stock is down 13.4% so far in 2024. Even the past month put a dent in portfolios, with a 9.7% retreat. But step back a little and the longer-term view paints a much brighter picture. Shares have actually soared 75.7% over three years and nearly doubled over five.
Much of the recent volatility seems to come down to shifting market sentiment around economic conditions and interest rates, as well as sector moves for industrials. With…
