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 1.4%. By the end of trading, Honeywell International rose $1.31 (1.4%) to $94.16 on average volume. Throughout the day, 2,944,119 shares of Honeywell International exchanged hands as compared to its average daily volume of 2,585,200 shares. The stock ranged in a price between $92.94-$94.55 after having opened the day at $93.16 as compared to the previous trading day's close of $92.85. Other companies within the Industrial industry that increased today were: Ocean Power Technologies ( OPTT), up 53.6%, ZBB Energy Corporation ( ZBB), up 28.3%, China BAK Battery ( CBAK), up 15.4% and IntriCon Corporation ( IIN), up 10.0%.

Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Honeywell International has a market cap of $73.1 billion and is part of the industrial goods sector. Shares are up 1.6% 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, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, PMFG ( PMFG), down 5.5%, Capstone Turbine Corporation ( CPST), down 5.5%, Intellicheck Mobilisa ( IDN), down 5.4% and Proto Labs ( PRLB), down 5.2% , were all laggards within the industrial industry with Ingersoll-Rand ( IR) 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.

More from Markets

Micron Spikes After $10 Billion Buyback Plan Caps Bullish Q3 Earnings Forecast

Micron Spikes After $10 Billion Buyback Plan Caps Bullish Q3 Earnings Forecast

Global Stocks Push Higher as China Tariff Move, Softer US Dollar Boost Sentiment

Global Stocks Push Higher as China Tariff Move, Softer US Dollar Boost Sentiment

Get to Know Stacey Cunningham, the NYSE's First Female Chief in 226 Years

Get to Know Stacey Cunningham, the NYSE's First Female Chief in 226 Years

60 Seconds: What is the Volcker Rule and How Does it Affect Your Portfolio?

60 Seconds: What is the Volcker Rule and How Does it Affect Your Portfolio?

Oil Prices, China Tariffs, Micron and Kohl's - 5 Things You Must Know

Oil Prices, China Tariffs, Micron and Kohl's - 5 Things You Must Know