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StockNews.com
StockNews.com
Business
Pragya Pandey

Is Carrier Global a Good Building Materials Stock to Add to Your Portfolio?

Leading global provider of innovative healthy, safe, sustainable, and intelligent building and cold chain solutions, Carrier Global Corporation (CARR) provides heating, ventilation, air conditioning (HVAC), refrigeration, fire, security, and building automation solutions. While the Palm Beach Gardens, Fla., company has faced significant challenges related to the supply chain crisis and rising raw material costs, it has emerged as a strong player. 

Nevertheless, its shares have dipped 16.5% in price over the past three months.

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