Is Johnson Controls Stock Fully Valued After 20% Gains This Year?

The logo of Johnson Controls, pictured in Hanover, Germany, 8 February 2016. PHOTO: HOLGER ... [+] HOLLEMANN/DPA | usage worldwide (Photo by Holger Hollemann/picture alliance via Getty Images)picture alliance via Getty ImagesJohnson Controls stock (NYSE: JCI) is seeing higher levels after reports of Elliott Management – one of the largest activist funds in the world – building a position of over $1 billion in the company. ((Activist Hedge Fund Elliott Builds$1 Billion-Plus Stake in Johnson Controls Johnson ...