Honeywell leads with seasonal content (image via Honeywell's website).
Honeywell, Seven Other Industrials Seen At Risk
As Seeking Alpha news editor Carl Surran reported on Wednesday, Honeywell (HON) was one of eight industrial companies Barclays analyst Julian Mitchell warned would be at risk if oil prices continued to drop:
A continuing drop in the crude oil price could force the companies that find oil and drill and operate wells to cut back their capital spending, which would be especially bad news for firms that depend on those upstream companies for their sales.
Barclays analyst