Archive

Please reload

Tags

I'm busy working on my blog posts. Watch this space!

Please reload

Honeywell: As Good As It Gets

December 22, 2017

Summary Points:

*The company's 2018 guidance was well-received by the market.

*HON is a best-of-breed industrial company that deserves a 'premium' valuation.

*HON shares are a long-term buy at today's price.

 

On December 13, 2017, Honeywell's ($HON) management team held an investor meeting where it provided the company's fiscal 2018 guidance to the financial community. The 2018 guidance and management's commentary were well-received by the market. HON shares are up only ~1% since the investor meeting, but shares are outperforming the broader market by a wide margin on a YTD basis.

 

 

 

There was a lot to like about Honeywell's 2018 guidance and, in my opinion, the bull case for this industrial conglomerate may be stronger now than it has ever been. Moreover, I believe that Honeywell is as good as it gets in the industrial space, so investors should not be worried about the company's 'premium' valuation.

 

Read more here

Please reload

Recent Posts

Please reload

©2020 W.G. INVESTMENT RESEARCH LLC.