Q: May I have your opinion on OTIS and in particular it's growth profile. Thanks.

Q: I already own Honeywell and BAE Systems but want to increase and diversify my holdings in Industrials. I know you like ROP, but I am also looking at PAYX, MMM and EMR. I am tempted by MMM, because it is so beaten up and is quite different from my existing holdings, but I worry that it is beaten up for good reason. Could you rank these four industrials in terms of quality for a long term investment, taking into account their current valuations?

Q: Your current view on the company, its future prospects, and your comment on the latest quarter, please? Thank you