AOL Money & Finance

thermostats posts

Feed

Honeywell: Back up the truck, for share gains

I'm Reiterating my Buy rating for Honeywell International, Inc. (NYSE: HON) first recommended on February 25, 2009 at a price of $28.26.

The growth proposition for Honeywell remains intact. Large order backlogs by commercial airline manufacturers, including The Boeing Company (NYSE: BA), will support revenue in FY2009.



Continue reading Honeywell: Back up the truck, for share gains

Consider Honeywell if you're bullish on energy efficiency

In this market, it goes without saying that caution remains the watchword. Until the U. S. Treasury Department's program for toxic asset removal from the banking system has been clarified, there's an added layer of risk for a stock investment. And this unknown sits atop a U.S. recession that enters its 16th month in March.

Still, there are bargains to be had for risk-tolerant investors, and along that line, Honeywell International Inc. (NYSE: HON) is worth a review.

Continue reading Consider Honeywell if you're bullish on energy efficiency

With Honeywell, everything is under control

It's a Wall Street axiom, but one that's worth repeating in choppy markets: diversity provides greater safety. That's diversity across a portfolio, and diversity within a company, and a good example of the latter is Honeywell International Inc. (NYSE: HON).

Thermostats and aircraft maintenance would seem like business lines at opposite ends of the spectrum, but they are at Honeywell's core, and they speak to the company's strength.

Analysts like HON's aerospace division (36% of revenue), which manufactures cockpit controls, power generation equipment, and wheels/brakes for commercial/military aircraft. The division also makes jet engines for regional/business jet manufacturers.

Further, analysts really like HON's automation/control division (35% of revenue), which makes home/office climate control equipment. Analysts see solid demand for HON's next-generation energy-efficient controls as businesses and homeowner re-emphasize energy efficiency, due to high energy prices. The Reuters F2007/F2008 EPS consensus estimates for HON are $3.16 to $3.73.

Continue reading With Honeywell, everything is under control

Symbol Lookup
IndexesChangePrice
DJIA+30.6910,464.40
NASDAQ+6.872,176.05
S&P 500+4.981,110.63

Last updated: November 25, 2009: 05:46 PM

BloggingStocks Exclusives

Hot Stocks

DailyFinance Headlines

Latest from BloggingBuyouts

WalletPop Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance