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.
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