Let’s take a look 👀 at one of the world’s leading mini mutual funds-I mean, bluechip stocks, Honeywell International, Inc. (NYSE: HON)!
As a consumer, you are likely familiar with Honeywell through their humidifiers, air purifiers, thermostats, and other household HVAC-related appliances.
Turns out, HON is actually an aerospace company first and foremost ✈️! The 113 year old industrial conglomerate supplies advanced components, such as cockpit instrumentation, electronic guidance systems, and auxiliary power units (APUs) to aircraft manufacturers.
Believe it or not, Honeywell was acquired in 1999 by AlliedSignal. Despite the takeover, Allied chose to keep the Honeywell name due to its superior brand reputation 🏆.
More recently, HON has been rather quietly developing one of the world’s most advanced business solutions and data management platforms, Honeywell Forge. The platform enables other businesses to access Honeywell’s proprietary data analytics across a number of applications, like cyber security, industrial engineering, and aircraft fleet management, to optimize the client’s business.
Honeywell Forge has been, by far, the most prolific business segment of HON in recent years, growing from $2.5B to $4.1B in revenues from 2016-18. Consequently, HON is currently trading at a premium GAAP TTM P/E of about 20.5, several points higher than its average in the past five years.
HON is on my watchlist as a stock I’d like to add to my portfolio in 2020. What are your thoughts on this industrial behemoth? Comment below 👇🏼!
Chocolate festival in Tübingen is gonna be over today. We got the last chance to see it this year, just because the next festival won't be too soon🍫🥃
Шоколадный фестиваль в Тюбингене уже подходит к концу. Но нам удалось всё-таки побывать там в этом году, т.к. следующий будет явно не скоро.
3 895 hours ago
7 9922 hours ago
When we've already gotten the Christmas mood.
We are only missing ❄🌡
Когда у нас уже новогоднее настроение🎄🍷☃️
Единственное, чего нам не хватает - снега❄🌬