Honeywell is in fairly good shape when it comes to its balance sheet. As of its most recent quarter it reported total cash of $5.4 billion and total debt of $7.99 billion. Operating cash flow was $3.64 billion with levered free cash flow (TTM) of $1.8 billion. The best way to learn about Honeywell , what it manufactures and the multiple ways it generates business and profits is to examine the company's easy-to-navigate Web site. Notice the video on the home page from company Chairman Dave Cote on the importance of resolving the U.S. debt crisis. With a $47.43 billion market cap and growing, Honeywell International is a stock worth accumulating. I'm especially interested if the share price were to pull back to below $59, which it last did on Nov. 16. We might have another opportunity if the "fiscal cliff" rhetoric continues in the weeks ahead. At the time of publication the author had no position in any of the stocks mentioned.This article was written by an independent contributor, separate from TheStreet's regular news coverage. Jim Cramer's protege Dave Peltier finds you Stocks Under $10 picks with explosive upside potential. See what he's trading today with a 14-day FREE pass.