Honeywell International Inc

(

HON

) pushed the Aerospace/Defense industry higher today making it today's featured aerospace/defense winner. The industry as a whole closed the day up 4.5%. By the end of trading, Honeywell International Inc rose $2.59 (5%) to $54.15 on average volume. Throughout the day, five million shares of Honeywell International Inc exchanged hands as compared to its average daily volume of 5.4 million shares. The stock ranged in a price between $52.89-$54.19 after having opened the day at $52.98 as compared to the previous trading day's close of $51.56. Other companies within the Aerospace/Defense industry that increased today were:

Aerosonic Corporation

(

AIM

), up 22.8%,

Heico Corporation

(

HEI.A

), up 9.8%,

Heico Corporation

(

HEI

), up 8.5%, and

Triumph Group Inc

(

TGI

), up 8.3%.

Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Honeywell International Inc has a market cap of $38.01 billion and is part of the

industrial goods

sector. The company has a P/E ratio of 12.1, below the average aerospace/defense industry P/E ratio of 12.8 and below the S&P 500 P/E ratio of 17.7. Shares are down 3% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Honeywell International as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share and attractive valuation levels. 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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