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Farmington, Connecticut-based Otis Worldwide Corporation (OTIS) manufactures, installations, and services elevators and escalators in the US, China, and internationally. With a market cap of $40.1 billion, Otis Worldwide operates through New Equipment and Service segments.
Companies worth $10 billion or more are generally described as “large-cap stocks,” Otis fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the elevators and escalators space.
