Carrier Global Corporation (NYSE:CARR) is one of the 10 High PE Stocks Insiders Are Buying.
On March 17, 2026, Carrier Global Corporation (NYSE:CARR) announced that its venture arm, Carrier Ventures, made a strategic investment in Heat Geek, a UK-based startup focused on accelerating residential heat pump adoption across Europe. The company said Heat Geek’s platform connects homeowners with certified installers and uses AI-powered tools to design and install heat pump systems, supporting the process from system design and quoting to financing and installation.
Earlier in March, CEO David Gitlin said in an interview that Carrier is positioned to benefit as macro conditions improve, noting the company has been gaining share through new product innovation and highlighting opportunities tied to heat pump adoption in Europe.
Last month, Carrier Global Corporation (NYSE:CARR) reported Q4 adjusted EPS of 34c, below the 36c consensus estimate, with revenue of $4.84B compared to $5.02B consensus. Gitlin said the company delivered strong commercial HVAC performance, with orders up nearly 50%, and pointed to continued growth in aftermarket services and efforts to manage costs and build backlog to offset residential market weakness.
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Carrier Global Corporation (NYSE:CARR) provides climate and energy solutions across global markets.
While we acknowledge the potential of CARR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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