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NYSE:HON

Honeywell International (HON)

229.01
-0.00 (0.00%)
as of Jun 18, 2026, 11:17:31 pm Market Open.
67 watching
0
BUY
They report Friday. They rely on commercial aircraft. He expects strong numbers.
BUY

The cyclicals will rally with reopening news, especially today's full FDA approval of Pfizer's Covid vaccine. He likes Boeing, so he liked HON, which is Boeing's key supplier. Industrials took off today.

PAST TOP PICK
(A Top Pick May 14/20, Up 83%) Really likes the industrials. As a group, they're very attractive from a risk/reward perspective. Good pricing power, and demand is strong, with capacity constrained. Still looks attractive.
BUY
Their earnings report today disappointed the street and it sank, but the market got it wrong. This is good long term. Their aerospace business lagged this quarter, but he expects air travel to come back big.
BUY
They report Friday. Great CEO. They're becoming building services play and fine healthcare company. He expects their numbers to go higher still.
BUY
Honeywell enjoyed two upgrades last Friday and the stock surged over 3% to a new high. It's an industrial powerful exposed to aerospace, specialty chemicals, healthcare, automation equipment and many other areas. Many segments got hammered last year in the pandemic, but the safety and productivity division boasted a 30% growth rate by making PPP. Also, their warehouse division gave them healthy e-commerce exposure. The rest of the company is turning around due to this great reopening. Their climate control business is roaring as companies will invest in better ventilation systems, which will reduce greenhouse gases as well as Covid. Their aerospace division will boom along with the rise in air traffic. Their specialty chemical business has good exposure to the energy markets which are rallying now. A recent upgrade felt that HON's recent underperformance is ridiculous. Another analyst feels that HON is set up for a great cyclical run for the next 3-4 years as earnings rise 15-20% annually.
BUY
They have a new services division and their intelligent warehouse is amazing. The pandemic has delayed their aerospace business, but he expects good things. They report Friday. Good CEO.
COMMENT
It just hit new 2020 highs. An amazing feat during Covid. HON is up 66% in the last 6 months. The key here was to hold onto this stock during the pandemic, speaking to the discipline of holding.
BUY ON WEAKNESS
As an industrial, it has aerospace exposure. They just beat earnings, but suspended their full year guidance. They are not cheap -- trading at 22 times earnings and growth of 10% for earnings. He would wait for lower prices to buy. A fine company in the long term.
PAST TOP PICK
(A Top Pick Jun 27/19, Down 29%) He sold Oct 11/19. He would not be buying anything in the industrial space because as a hole they are in difficulty. Capital spending will be tricky going forward. The only industrial space he would look at going forward is automation and although they have a bit of this, you have to see the market believing we are getting to the other side of this.
PAST TOP PICK
(A Top Pick Jun 27/19, Up 5%) He got stopped out in late-fall 2019 when it pulled back. Industrials will do well this year, though.
TOP PICK
They are virtually in every different manufacturing platform when it comes to defense contractors. The Chinese are connecting all planes to the web via satellite and Honeywell has the technology to do this. (Analysts’ price target is $180.09)
PAST TOP PICK
(A Top Pick Jun 07/18, Up 10%) He sold out around $166 in September last year. Still a good company, just better opportunities out there now.
PAST TOP PICK
(A Top Pick Jun 07/18, Up 14%) He sold in September. They spun off some businesses. He saw a valuation exhaustion. Spinning the companies off created noise. It is a great company but it was due to go sideways for a while.
DON'T BUY
Likes it long-term, but it's been flat the past year, sideways. It's also cyclical which he's getting out of that and embracing defensive names instead. Honeywell isn't this.