Elevator giant Otis wants to be a defensive play in an volatile market. It has to prove itself first
- Posted on August 8, 2026
- By CNBC
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- 1 min read
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Elevator giant Otis wants to be a defensive play in an volatile market. It has to prove itself first
Otis positions itself as a long-term growth stock, but shares are down due to setbacks in its elevator service business and investors chasing the AI trade.
