Honeywell International Inc

(

HON

) pushed the Aerospace/Defense industry lower today making it today's featured Aerospace/Defense loser. The industry as a whole closed the day down 1%. By the end of trading, Honeywell International Inc fell 34 cents (-0.7%) to $50.96 on average volume. Throughout the day, 4.6 million shares of Honeywell International Inc exchanged hands as compared to its average daily volume of 5.6 million shares. The stock ranged in price between $50.66-$51.48 after having opened the day at $51.06 as compared to the previous trading day's close of $51.30. Other company's within the Aerospace/Defense industry that declined today were:

American Defense Systems Inc

(

EAG

), down 4%,

GenCorp Inc

(

GY

), down 3.1%,

Esterline Technologies

(

ESL

), down 3%, and

Heico Corporation

(

HEI.A

), down 3%.

Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Honeywell International Inc has a market cap of $40.8 billion and is part of the

industrial goods

sector. The company has a P/E ratio of 12.4, below the average aerospace/defense industry P/E ratio of 13.7 and below the S&P 500 P/E ratio of 17.7. Shares are down 3.5% year to date as of the close of trading on Monday.

TheStreet Ratings rates Honeywell International as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, compelling growth in net income, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider

iShares DJ US Aerospace & Def Idx

(

ITA

) while those bearish on the aerospace/defense industry could consider

ProShares Short Dow 30

(

DOG

).

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