In what will hopefully be a recurring theme in the current earnings season, Honeywell International's (NYSE: HON) latest quarterly results helped dispel the worst fears of investors, even as it's clear that the economy is slowing. The company managed to raise its full-year earnings forecast despite lowering full-year organic sales guidance. No matter; the results showed Honeywell doing what management said it would do, and that should be enough to take the stock higher in the current environment.
Here are the key takeaways for investors in Honeywell and blue chip stock peers like General Electric (NYSE: GE) and United Technologies (NYSE: UTX).
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