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Why Johnson Controls Stock Got Hot In November

Lou Whiteman, The Motley Fool
·2-min read
Why Johnson Controls Stock Got Hot In November

Shares of Johnson Controls (NYSE: JCI) have been under pressure this year due to investor concerns that a weak housing market would crimp demand for its ventilation and climate control equipment. Shares of Johnson Controls gained 14.9% in November, according to data provided by S&P Global Market Intelligence, cutting the stock's loss for the year in half in a single month. Johnson Controls is a maker of heating, ventilation, and air conditioning systems (HVAC) for commercial and residential buildings.

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