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Valued at a market cap of $68.8 billion, Carrier Global Corporation (CARR) specializes in HVAC, refrigeration, fire, and security solutions. Based in Palm Beach Gardens, Florida, it serves residential, commercial, and industrial markets worldwide with advanced building technology.
Shares of Carrier Global have outperformed the broader market over the past 52 weeks. CARR has returned 50.5% over this time frame, while the broader S&P 500 Index ($SPX) has soared 36.8%. In 2024, CARR shares have increased 33.5%, compared to SPX’s 25.7% gain on a YTD basis.