3 Reasons to Buy Honeywell Stock Like There's No Tomorrow
Given the uncertainty created by the ongoing tariff conflict, investors have braced themselves for a slew of downgrades to full-year guidance from industrial companies. That makes the recent first-quarter results and guidance from Honeywell International (NASDAQ: HON) a bit more impressive, and the stock looks like a good value for patient investors.Here are three reasons why.The company has an impressive history of beating and raising guidance, so investors get concerned when it fails to do so. Still, with all the economic uncertainty around tariffs and whether they are a temporary tactical measure for negotiation or a strategic act to reshape supply chains and shift industrial activity, it would be understandable if Honeywell had bad news for investors.Continue reading
Given the uncertainty created by the ongoing tariff conflict, investors have braced themselves for a slew of downgrades to full-year guidance from industrial companies. That makes the recent first-quarter results and guidance from Honeywell International (NASDAQ: HON) a bit more impressive, and the stock looks like a good value for patient investors.
Here are three reasons why.
The company has an impressive history of beating and raising guidance, so investors get concerned when it fails to do so. Still, with all the economic uncertainty around tariffs and whether they are a temporary tactical measure for negotiation or a strategic act to reshape supply chains and shift industrial activity, it would be understandable if Honeywell had bad news for investors.
