The 52-week low is $62.88, so those who were brave enough to buy at that point have been amply rewarded. Of course, you've also got to be brave to buy after a run-up.
Given global uncertainty, buying this stock could be risky. But I like how the shares recovered from their very recent pullback. Perhaps the market is telling us that it isn't through with the company.
From a valuation perspective, the stock isn't overly expensive; however, the dividend yield could be higher. You'll get a yield of about 2% at the current price. If you want to research the history of quarterly payments for this name, you should go to the following page on the investor site.
I enjoy yields that are closer to 3%; unfortunately, that doesn't always happen with every good idea. I believe United Technologies will trend higher over the coming months. Keep an eye on the $78/$79 level, an area that potentially offers support for the stock.
Disclosure: I don't own any company mentioned; positions can change without notice.