4. Honeywell ( HON) Company Profile: Honeywell is a conglomerate that makes security technologies, automotive products and chemicals. Current Share Price: $61.40 (May 11) Potential Upside: 22% based on a price target of $75 Morgan Stanley's Take: Analyst Scott Davis trumpets Honeywell's safety-products business, noting that personal protection equipment (PPE) is a $20 billion industry growing at twice the rate of gross domestic product. "The business is just 6% of Honeywell's overall sales but is growing fast," Davis writes. "With about 10% market share, Honeywell is the leader along with 3M ( MMM), but the industry is still fragmented and could offer plenty of room for growth via acquisitions," Davis adds.