Tuesday, November 13, 2012

Honeywell

My pick for this quarter is Honeywell International (HON). I started to look at Honeywell because my company uses there products for all of our zone controls, wireless controls, and Internet accessible thermostats. After researching them I discovered that they operate in four segments: Aerospace, Automation and Control Solutions, Performance Materials and Technologies, and Transportation Systems. I know that in my industry everyone is trending towards controlling there thermostats from there Iphone and Honeywell is the leader in that segment. It currently trades at $61.24 per share. I would designate this as a long term hold. I have read some great articles and will have more info tomorrow!

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