Honeywell International Inc. (HON): Today's Featured Industrial 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 industry higher today making it today's featured industrial winner. The industry as a whole closed the day up 1.1%. By the end of trading, Honeywell International rose $0.91 (1.0%) to $89.55 on average volume. Throughout the day, 3,762,124 shares of Honeywell International exchanged hands as compared to its average daily volume of 2,532,800 shares. The stock ranged in a price between $88.61-$90.00 after having opened the day at $88.82 as compared to the previous trading day's close of $88.64. Other companies within the Industrial industry that increased today were: Intellicheck Mobilisa ( IDN), up 20.0%, Marine Products Corporation ( MPX), up 12.6%, ZBB Energy Corporation ( ZBB), up 12.1% and Arotech Corporation ( ARTX), up 9.2%.

Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Honeywell International has a market cap of $69.4 billion and is part of the industrial goods sector. The company has a P/E ratio of 21.9, above the S&P 500 P/E ratio of 17.7. Shares are up 39.7% year to date as of the close of trading on Thursday. Currently there are 15 analysts that rate Honeywell International a buy, no analysts rate it a sell, and 5 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, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, Euro Tech Holdings Company ( CLWT), down 10.5%, THT Heat Transfer Technology ( THTI), down 8.8%, Clean Diesel Technologies ( CDTI), down 7.1% and Worthington Industries ( WOR), down 5.9% , were all laggards within the industrial industry with JinkoSolar ( JKS) being today's industrial industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial industry could consider SPDR Dow Jones Industrial Average ( DIA) while those bearish on the industrial industry could consider ProShares UltraShort Industrials ( SIJ).

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

If you liked this article you might like

Irma and Harvey Busted Algos; Probably Done Deals Under Trump: Best of Cramer

Sign of the Times -- Hitachi Looks to Block Chinese Rivals on U.S. Soil

Cramer: Under Trump, These Are Probably Done Deals

Cramer: Northrop-Orbital Deal Is Bigger Than Just the Synergies

Honeywell Relocating Global Retail HQ to Massachusetts