Why You're Smart to Buy Johnson Controls
A mix of near- and long-term growth drivers makes Johnson Controls (NYSE: JCI), -- a provider of building products and heating, ventilation, and air-conditioning (HVAC) systems -- a smart place to invest right now. They all make the company one of the best stocks as the economy prepares for the post-pandemic environment. Here's why.
Before getting into the details, here's a quick look at how Johnson Controls makes money. In a nutshell, it's a combination of global HVAC systems and services (with a heavy weighting toward commercial rather than residential HVAC) and other building systems, including fire protection and security products. The chart below breaks out the company's sales in 2020.
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Source Fool.com
