Monday, March 6, 2017

Honeywell International is on Track in 2017

The strongest case for buying stock in Honeywell International  rests on the idea that underlying free cash flow is strong and will increase more than earnings in the future as the company comes out of a heavy investment phase. In other words, you're getting an opportunity to buy a stock with a hidden value.
However, for this to be true, Honeywell would have to meet its earnings expectations. Since the company failed to meet its initial revenue and free cash flow targets in 2016, investors have cause to keep a close eye on events. In this vein, let's take a look at Honeywell's recent earnings and see how the company's progressing toward its aims this year.

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