Why I'm telling friends to avoid gold stocks

Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."

And if you’d like to get your hands on this, here you go, the complete breakdown.

David Appel Biography and Net Worth

Insider of Carrier Global

David Appel is President, Refrigeration, for Carrier, leading the company’s $4 billion global transport and commercial refrigeration businesses and cold chain monitoring solutions. David is responsible for driving profitable growth through operational excellence and advancing products and services that protect and preserve the world’s supply of food and pharmaceuticals.

David has more than 30 years of international experience with UTC. He has held numerous leadership roles at Carrier, including Managing Director for Toshiba Carrier UK; Vice President, European Heating, Ventilating and Air Conditioning (HVAC) Distribution; President, Building Systems & Service Europe, Middle East, Africa (EMEA); and President, HVAC EMEA. He was named President of Carrier’s Refrigeration business in 2010.

David holds a bachelor’s degree in economics from the Wharton School of Business, University of Pennsylvania.

How do I contact David Appel?: The corporate mailing address for Mr. Appel and other Carrier Global executives is 13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL, 33418. Carrier Global can also be reached via phone at 561-365-2000 and via email at [email protected]. Learn More on David Appel's contact information.
Has David Appel been buying or selling shares of Carrier Global?: David Appel has not been actively trading shares of Carrier Global during the past quarter. Most recently, David Appel sold 34,259 shares of the business's stock in a transaction on Wednesday, August 4th. The shares were sold at an average price of $57.38, for a transaction totalling $1,965,781.42. Learn More on David Appel's trading history.
Who are Carrier Global's active insiders?: Carrier Global's insider roster includes Ajay Agrawal (VP), David Appel (Insider), Kyle Crockett (VP), David Gitlin (Chairman & CEO), John Greisch (Director), Kevin O'Connor (SVP), Jurgen Timperman (Insider), and Nadia Villeneuve (VP). Learn More on Carrier Global's active insiders.
Are insiders buying or selling shares of Carrier Global?: In the last twelve months, insiders at the sold shares 6 times. They sold a total of 706,426 shares worth more than $41,306,287.35. The most recent insider tranaction occured on August, 8th when VP Ajay Agrawal sold 62,382 shares worth more than $4,026,758.10. Insiders at Carrier Global own 7.0% of the company. Learn More about insider trades at Carrier Global.
Information on this page was last updated on 8/8/2024.

David Appel Insider Trading History at Carrier Global

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
8/4/2021	Sell	34,259	$57.38	$1,965,781.42

David Appel Buying and Selling Activity at Carrier Global

Carrier Global Company Overview

Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies in the United States, Europe, the Asia Pacific, and internationally. It operates through three segments: HVAC, Refrigeration, and Fire & Security. The HVAC segment provides products, controls, services, and solutions to meet the heating, cooling, and ventilation needs of residential and commercial customers. Its products include air conditioners, heating systems, heat pumps, controls, and aftermarket components, as well as aftermarket repair and maintenance services and building automation solutions. The Refrigeration segment offers transport refrigeration and monitoring products and services, as well as digital solutions for trucks, trailers, shipping containers, intermodal applications, food retail, and warehouse cooling; and commercial refrigeration solutions, such as refrigerated cabinets, freezers, systems, and controls. The Fire & Security segment provides various residential, commercial, and industrial technologies, including fire, flame, gas, smoke, and carbon monoxide detection; portable fire extinguishers; fire suppression systems; intruder alarms; access control systems; video management systems; and electronic controls. This segment also offers fire and security service, such as audit, design, installation, and system integration, as well as aftermarket maintenance and repair and monitoring services. It offers its products under the Autronica, Det-Tronics, Edwards, Aritech, Fireye, GST, Kidde, LenelS2, Marioff, Onity, and Supra; Carrier, Toshiba, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO, and Riello; and Carrier Commercial Refrigeration, Carrier Transicold, and Sensitech brands. Carrier Global Corporation was incorporated in 2019 and is headquartered in Palm Beach Gardens, Florida.

Today's Range

Now: $69.20

$68.84

$69.92

50 Day Range

MA: $74.30

$66.69

$81.55

2 Week Range

Now: $69.20

$53.13

$83.32

Volume

537,989 shs

Average Volume

4,245,308 shs

Market Capitalization

$62.09 billion

P/E Ratio

17.52

Dividend Yield

1.31%

Beta

1.33