Is Otis Worldwide Stock Underperforming the Dow?

Otis Worldwide Corporation (OTIS), headquartered in Farmington, Connecticut, manufactures, installs, and services elevators and escalators. Valued at $38.78 billion by market cap, the company moves nearly 2.3 billion people daily and maintains over 2.3 million customer units worldwide, the industry’s largest portfolio.

Companies worth $10 billion or more are generally described as “large-cap stocks,” and OTIS perfectly fits that description, signifying its substantial size, stability, and dominance in its industry. The company serves customers and passengers in more than 200 countries and territories worldwide.