Carrier Global Corporation (CARR) Soars 1.65% on $1 Billion U.S. Investment Plan

Carrier Global Corporation (CARR) shares surged 1.65% today, marking the fourth consecutive day of gains, with a total increase of 6.66% over the past four days. The stock price reached its highest level since December 2024, with an intraday gain of 2.23%.

The strategy of buying CARR shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years, with a 5-year CAGR of 7.98%. While the strategy captured some upside during strong performance days, such as the initial high-point buy day, it also experienced significant volatility and underperformance during periods of market stress or mean reversion. The backtest highlights the importance of considering both short-term volatility and long-term growth prospects when evaluating CARR or similar stocks.

Carrier Global Corporation announced on May 13, 2025, that it plans to invest an additional $1 billion over five years in U.S. manufacturing, innovation, and workforce expansion. This significant investment is expected to create 4,000 jobs in research and development, manufacturing, and field services. The market has reacted positively to this announcement, reflecting investor confidence in the company's commitment to boosting U.S. operations and expanding its workforce.

This investment aligns with Carrier's strategic goals to enhance its competitive edge in the global market. By increasing its presence in the U.S., the company aims to leverage local talent and resources to drive innovation and efficiency. The expansion of the workforce is particularly noteworthy, as it indicates Carrier's focus on long-term growth and sustainability.

Analysts have highlighted that this investment not only benefits Carrier but also contributes to the broader U.S. economy. The creation of new jobs in key sectors such as research and development, manufacturing, and field services is expected to have a positive ripple effect, stimulating economic activity and fostering innovation. This strategic move by Carrier is seen as a proactive response to the evolving market dynamics and a commitment to sustainable growth.