Honeywell International Inc. (HON): Today's Featured Aerospace/Defense Winner - TheStreet

Honeywell International

(

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 0.7%. By the end of trading, Honeywell International rose $2.10 (2.7%) to $79.75 on average volume. Throughout the day, 3,616,135 shares of Honeywell International exchanged hands as compared to its average daily volume of 3,355,400 shares. The stock ranged in a price between $78.44-$79.86 after having opened the day at $78.50 as compared to the previous trading day's close of $77.65. Other companies within the Aerospace/Defense industry that increased today were:

Erickson Air-Crane

(

EAC

), up 4.3%,

Ducommun

(

DCO

), up 3.0%,

Hexcel Corporation

(

HXL

), up 2.8% and

Aerovironment Incorporated

(

AVAV

), up 2.5%.

Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Honeywell International has a market cap of $60.3 billion and is part of the industrial goods sector. The company has a P/E ratio of 19.9, above the S&P 500 P/E ratio of 17.7. Shares are up 22.3% year to date as of the close of trading on Tuesday. Currently there are 18 analysts that rate Honeywell International a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates

Honeywell International

as a

buy

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, good cash flow from operations, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front,

Elbit Systems

(

ESLT

), down 3.0%,

Sturm Ruger & Company

(

RGR

), down 2.9%,

Smith & Wesson Holding Corporation

(

SWHC

), down 2.1% and

Frontline

(

FRO

), down 1.6%.

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

).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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