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What This Analyst Liked About Honeywell's Quarter

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Honeywell  (HON)  posted earnings.

The company posted a net income of $1.36 billion, or $1.94 a share, vs. $1.59 billion, or $2.16 a share, in the comparable year-ago period. On an adjusted basis, the company earned $2.07 a share, above the $2 a share expected by analysts polled by FactSet.

Jeff Marks, senior portfolio analyst with Jim Cramer's Action Alerts PLUS, weighs in on Honeywell.

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