Penn Wealth Publishing

2018.03.25 Penn Wealth Report Vol 6 Issue 01

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Page 10 of 29

See disclaimers on the back cover of The Report. This is not a solicitation to invest. Always consult your financial professional before making an investment. *Purchased at $40.74 25 Mar 2018 Penn Wealth rePort voluMe 6 issue 01 11 Penn Wealth RePoRt Copyright 2018. All Rights Reserved. investMent intelligenCe investMent intelligenCe Suitable for the Global Leaders Club Johnson Controls, PLC is a $35 billion industrial company which operates in three diverse areas: its building efficiency division produces and ser- vices HVAC systems, its fire and security products division was formed when it acquired TYCO in 2016, and its power solution division makes vehi- cle batteries for the auto industry. JCI came into being in the mid 1880s when professor Warren S. Johnson from the State Normal School in Wisconsin received a patent for the first electrical room thermostat. The company, which became Johnson Controls in 1974, is now headquartered in Ireland for tax purposes. JCI grossly underperformed S&P 500 last year Photo Courtesy: Johnson Controls Symbol: JCI Class: Large Cap Core Sector: Industrials Industry: Eng/Construction Current Price*: 39.80 1-Year Return: -9.25% The new JCI Glas Smart Thermostat

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