Why Johnson Controls Stock Looks Overvalued At $34?
- Friday, June 12, 2020, 7:12
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Johnson Controls’ stock has lost 17% of its value year-to-date, currently trading at levels of around $34. While the stock fell close to 43% to about $23 as the markets collapsed in March, it has risen by 46% from these lows. Why? While the Covid-19 outbreak and associated lockdowns resulted in…
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