Daikin Should See Margin Upside in the US Market and a Gradual Sale Recovery in China
Daikin’s US residential business also faces downward pressure if US real estate sales decline protracts. Although Goodman has a weaker brand position than American peers, we expect the company’s ...
Strong Commercial HVAC Demand Remains a Key Growth Driver for Trane Technologies
Legacy Ingersoll Rand's climate segment was renamed Trane Technologies. We had long viewed legacy Ingersoll Rand's climate business as more attractive than its industrial segment because the former ...