Wednesday, January 30, 2013

Investopedia: Honeywell Comes Through, But Valuation Isn't So Sweet

What a difference a month or so makes. With investors happy to see Congress play kick the can with the fiscal cliff, industrial stocks have caught a second wind and done quite well over the last month. While Honeywell (NYSE:HON) is a quality industrial conglomerate that often seems to get overlooked, management's modest guidance for 2013 and the company's mediocre free cash flow history don't really argue for aggressively chasing these shares at this point.

Click here to continue:
http://www.investopedia.com/stock-analysis/2013/Honeywell-Comes-Through-But-Valuation-Isnt-So-Sweet-HON-UTX-SI-JCI0130.aspx

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