I have been optimistic on Honeywell International (NYSE:HON) for quite some time. When I last covered the stock back in August, HON was trading at $116 and has since rise to $120.
I still see value remaining in the stock as the market seems to be taking a somewhat risk-averse approach to Honeywell International - investors might well be reserved of investing heavily in the stock at this time given its exposure to oil and gas prices, which have not fully recovered. Moreover, weakness in the business jet sector might also be giving potential investors second thoughts.
