Here's Why Hold Strategy is Apt for Honeywell Stock Right Now
Honeywell(HON) ZACKS·2024-09-27 20:56
Honeywell International Inc. (HON) is benefiting from strength in its commercial aviation original equipment and aftermarket businesses, as strength in air travel continues. Pickup in air travel has been a positive as the increased usage of aircraft spurs spending on parts and products that the company provides. Strength in its defense and space business, supported by stable U.S. and international defense spend volumes, has also been driving its Aerospace segment's performance. For 2024, it expects organic ...