Is Honeywell Worth a Look After Q3 Report?

Filed under: Earnings Reports, Industry, Honeywell Intl (HON)

Well, I didn't make the correct call on Honeywell International (HON) back in April. I thought the stock was going to keep on heading up after hitting a new 52-week high following the release of the company's first-quarter numbers (as I mentioned then, shares were exchanging hands at the time for $47.78). The equity started to go down shortly after my thoughts were published.

As the chart shows, the stock has had some trouble, but it has recently bounced back toward the current 52-week high of $48.63. Patient shareholders who held on and decided to engage a dollar-cost-averaging strategy most likely are doing okay.

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Is Honeywell Worth a Look After Q3 Report? originally appeared on BloggingStocks on Sat, 23 Oct 2010 11:40:00 EST. Please see our terms for use of feeds.

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