Having more or less tracked the S&P 500 lower over the past three months, the valuation on Honeywell (HON)
is looking a little better these days. Not only did the company's
recent investor day give more insight into long-term growth initiatives,
particularly those concerning software, but also many of its major
end-markets are still in attractive stages of their cycle. I wouldn't
say that Honeywell's valuation is at a can't-miss level here
(particularly for investors focused on the short term), but it looks
pretty good to me on a long-term basis.
Read more here:
Honeywell Offers Attractive Leverage To Multiple Healthy Markets
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