Many investors are so obsessed with finding bargains that they sometimes
overlook excellent companies trading at reasonable valuations. This can
be a long-term mistake, as it is often better to own the more expensive
stocks of superior companies. That seems like a relevant point with Honeywell (NYSE:HON)
today. While these shares are not significantly undervalued today, the
quality of the company's execution and the prospects for better margins
(and growth) argue for a long-term position.
Continue reading here:
http://www.investopedia.com/stock-analysis/042213/strong-execution-justifies-honeywells-price-hon-emr-ge-abb.aspx
No comments:
Post a Comment