Honeywell International Inc. (HON): Today's Featured Industrial Goods Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Honeywell International ( HON) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 0.9%. By the end of trading, Honeywell International rose $1.70 (2.1%) to $84.13 on average volume. Throughout the day, 2,304,180 shares of Honeywell International exchanged hands as compared to its average daily volume of 2,703,100 shares. The stock ranged in a price between $82.80-$84.28 after having opened the day at $82.98 as compared to the previous trading day's close of $82.43. Other companies within the Industrial Goods sector that increased today were: Exide Technologies ( XIDE), up 25.9%, China Development Group Corporation ( CTDC), up 16.7%, Advanced Emissions Solutions ( ADES), up 8.7% and Metalico ( MEA), up 7.4%.

Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Honeywell International has a market cap of $64.1 billion and is part of the industrial industry. Shares are up 29.9% year to date as of the close of trading on Monday. Currently there are 17 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 revenue growth, growth in earnings per share, increase in net income, 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, Wowjoint Holdings ( BWOW), down 24.3%, TriMas Corporation ( TRS), down 7.2%, Energy Recovery ( ERII), down 6.4% and Fuelcell Energy ( FCEL), down 5.2% , were all laggards within the industrial goods sector with DR Horton ( DHI) being today's industrial goods sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider Industrial Select Sector SPDR ( XLI) while those bearish on the industrial goods sector 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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