Saturday, January 27, 2018

Why Honeywell Stock Soared in 2017

Shares in Honeywell International (NYSE:HON) rose 32% in 2017 as the industrial conglomerate significantly outperformed peers such as United Technologies and General Electric Company (NYSE:GE). While the former still needs to convince the market it's on track with its long-term objectives -- not least with the production of its geared turbofan engine and completion of its Rockwell Collins acquisition -- and GE battles with a possible structural problem at its power segment, Honeywell has had a solid year of execution. I have three key points to note:

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