Sweet Success for Honeywell investors?
Ray Merola submits:Historically, as the economy emerges slowly from recession, the industrials will have their day in the sun. Honeywell International (HON) may be a good play in the sector. The company is a diversified, international technology and manufacturing conglomerate. HON has businesses spanning several industries including aerospace, automation / control solutions, specialty materials and transportation systems. Honeywell has their business spread out over early and late cycle industries. Indeed, during their second quarter earnings conference call, management noted that transportation systems / turbochargers, resins and chemical products were up very strongly. Aerospace, automation and control products / solutions are seeing green shoots of a growth recovery.Complete Story »