2024-02-02 07:30:00 ET
Summary
- Honeywell International released its 4Q23 earnings, with sales growth and earnings per share exceeding expectations.
- The company is focusing on three global megatrends: automation, the future of aerospace, and the energy transition.
- Honeywell's strategic focus and positive outlook indicate potential long-term annual returns of 8-12% if its transition plan is successful.
Introduction
I love covering industrial stocks. This is because more than 50% of my entire dividend portfolio consists of industrial stocks and because some of these companies are simply fascinating.
One of them is Honeywell International ( HON ) , a company I started to cover more frequently last year....
Read the full article on Seeking Alpha
For further details see:
Honeywell's Playbook For Double-Digit Growth And Returns