Is Honeywell a Buy in 2024? Here's What You Need to Know
Honeywell(HON) The Motley Fool·2024-01-22 19:55
There's a case for arguing that Honeywell International (HON 0.33%) is a victim of its success, and that success is creating pressure on management to change its strategy. While it may sound like an oxymoron to change a winning strategy, shareholders always want improvement, and the company's lofty valuation rating means management is under pressure to generate more value for investors. But does it all add up to make the stock worth buying this year?Honeywell's valuation "problem"The industrial conglomerate ...