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 0.8%. By the end of trading, Honeywell International rose $1.01 (1.1%) to $89.76 on heavy volume. Throughout the day, 3,925,402 shares of Honeywell International exchanged hands as compared to its average daily volume of 2,475,200 shares. The stock ranged in a price between $88.27-$89.99 after having opened the day at $88.96 as compared to the previous trading day's close of $88.75. Other companies within the Industrial industry that increased today were: CVD Equipment Corporation ( CVV), up 13.5%, Xylem ( XYL), up 10.6%, Arotech Corporation ( ARTX), up 8.1% and Allied Motion Technologies ( AMOT), up 6.9%.

Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Honeywell International has a market cap of $71.6 billion and is part of the industrial goods sector. The company has a P/E ratio of 18.4, above the S&P 500 P/E ratio of 17.7. Shares are down 2.9% year to date as of the close of trading on Monday. Currently there are 15 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, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, China Ming Yang Wind Power Group ( MY), down 7.8%, LGL Group ( LGL), down 6.2%, Compx International ( CIX), down 4.7% and Intellicheck Mobilisa ( IDN), down 4.1% , were all laggards within the industrial industry with AGCO ( AGCO) 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).

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