Market Health

The No. 1 Opportunity for 2022

Editor’s Note: Today, Head Trade Tactician Bryan Bottarelli of Monument Traders Alliance is here to share one of the best picks he has made in his Trade of the Day Plus service.

He thinks that this company already has a lot going for it and has a ton of upside ahead going into next year!

Keep reading for Bryan’s insights.

– Kaitlyn Hopkins, Assistant Managing Editor


It’s not even the fourth quarter of 2021

But I already know my top pick for 2022.

It’s been one of my best picks in my Trade of the Day Plus service, and today, I’d like to share it with you.

The pick is Carrier Global Corp. (NYSE: CARR).

Going into 2022, I think it’s poised for a ton more upside.

As a brief company description, Carrier provides HVAC (heating, ventilating and air conditioning), refrigeration, fire, security and building automation technologies worldwide.

The company operates in three segments: HVAC, Refrigeration, and Fire & Security.

The HVAC segment caters to the heating and cooling needs of residential and commercial customers, providing air conditioners, heating systems, controls and aftermarket components.

The Refrigeration segment offers refrigeration and monitoring systems for trucks, trailers, shipping containers, intermodal and rail, and it also offers commercial refrigeration solutions – such as refrigerated cabinets and freezers.

The Fire & Security segment provides fire, flame, gas, smoke and carbon monoxide detection; portable fire extinguishers; fire suppression systems; access control systems; and video management systems.

When you think about the upside triggers for Carrier, you’ll see that it has major tailwinds going in its favor…

First, as people return to offices, schools and hospitals, it’s clear that air quality will now be facing a major replacement cycle – which means upgrading ventilation systems. Carrier is perfectly positioned to benefit from this trend.

As support, a study by the Harvard School of Public Health concluded that indoor air quality is good not only for people’s health and safety but also for a company’s bottom line – through increased productivity, fewer sick days and better cognitive function.

This was the first time on a global scale that a new research study had concluded that healthy buildings with enhanced ventilation can improve the cognitive function and health of occupants. That (to me) says that ventilation and filtration are now preeminent healthy building strategies.

Second, you have climate change, which continues to produce hotter and hotter days. According to NASA, last year was the hottest year on record – and this makes the case for upgrading air conditioning systems. Once again, Carrier is perfectly positioned to benefit from this trend.

And third, the growing threat of wildfires (particularly in California) makes air quality even more notifiable – which, again, benefits Carrier.

Carrier has three major catalysts working for it, which will only get stronger. As we head into 2022, I’m already ready to call this my top pick.

Good investing,

Bryan

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