Honeywell International Inc (HON): Today's Featured Industrial Laggard

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 lower today making it today's featured Industrial laggard. The industry as a whole closed the day down 1.1%. By the end of trading, Honeywell International fell $1.03 (-1.1%) to $91.58 on average volume. Throughout the day, 2,477,322 shares of Honeywell International exchanged hands as compared to its average daily volume of 3,042,600 shares. The stock ranged in price between $91.57-$92.53 after having opened the day at $92.39 as compared to the previous trading day's close of $92.61. Other companies within the Industrial industry that declined today were: Capstone Turbine ( CPST), down 14.7%, American DG Energy ( ADGE), down 10.6%, Ballard Power Systems ( BLDP), down 7.8% and Arotech ( ARTX), down 7.5%.

Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Honeywell International has a market cap of $72.3 billion and is part of the industrial goods sector. The company has a P/E ratio of 18.5, above the S&P 500 P/E ratio of 17.7. Shares are up 1.4% year to date as of the close of trading on Monday. Currently there are 14 analysts that rate Honeywell International a buy, no analysts rate it a sell, and 3 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 growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, ZBB Energy ( ZBB), up 20.2%, NN ( NNBR), up 9.2%, 3D Systems ( DDD), up 5.0% and Standex International ( SXI), up 3.5% , were all gainers within the industrial industry with Chart Industries ( GTLS) being today's featured industrial industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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