Is Honeywell a Buy Right Now?

·4-min read
Is Honeywell a Buy Right Now?

Industrial giant Honeywell International (NASDAQ: HON) delivered second-quarter earnings ahead of previous guidance and raised full-year earnings estimates. The company has excellent earnings momentum behind it, but is it enough to make the stock a buy? The first place to start is with the industrial stock's valuation because it's hard to make the case that Honeywell is a cheap stock.

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