Is United Technologies Undervalued?

United Technologies isn't the only company whose management believes its stock is intrinsically undervalued, but in this case, there's a sound argument to justify that belief. Furthermore, management is backing up its claim by promising to buy back $16 billion worth of stock in the 2015-2017 period. Let's take a look at what's going on, and why investors in General Electric also have cause for optimism.


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