Monday, July 22, 2013

Investopedia: Honeywell Rewarding Wall Street's Enthusiasm

Wall Street has turned very positive on industrial conglomerate Honeywell (NYSE:HON), to the tune to of a market-beating 12% rise over the past quarter and a 44% rise over the past year. Certainly there are reasons to like Honeywell – the company's commercial aerospace is well-positioned for global growth, as is the building controls business. What's more, years of investments in the performance materials business should start paying off soon. Even so, there's a limit to what any business is worth, and it seems like Wall Street's enthusiasm has sent the shares above that limit.

Please continue here:
http://www.investopedia.com/stock-analysis/072213/honeywell-rewarding-wall-streets-enthusiasm-hon-ge-cam-emr.aspx

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