Honeywell International, Inc. (HON)

* Revenues increased 13.8%, as contributions from the Automation & Control Solutions and Specialty Materials segments were up by 17.5% and 25.2%, respectively.

* The forecast for 2007 looks favorable, with management expecting sales to rise by 5% and EPS to be in the range of $2.85 to $2.95 per share. Free cash flow is projected to be in the range of $2.5 billion to $2.7 billion.

Is this company really worth 50% less than it was 52 weeks ago, even as profits increased in terms or real dollars year over year?

Perhaps I'm grabbing at a falling knife here but this is an internation company, that is also the receipient of major government contracts. It's list of products is long and varied, while institutions may be forced to continue to liquidate positions to cover investor withdrawals, this one has the look of a long term winner at these valuations.

“Its all in one name”. Honeywell International, reigning since1985, has won accolades from all over the world. Being a diversified technology and manufacturing company, it serves customers worldwide with key offerings include aerospace products and services, control, sensing and security technologies, automotive products and specialty chemicals. A $35 billion company, Honeywell enjoys market leadership in aircraft avionics, control and management devices, to both commercial and military end-markets.

Banking upon aerospace segment, the company put up an impressive performance in third quarter of 2006, with the sales charging up by 15%. Indeed, Honeywell’s large aerospace exposure has made itself one of the best-positioned stocks in the industry to benefit from both rising aircraft production and passenger volumes. Going forward, the outlook for aerospace has remained positive as the oil prices tumble below $60.

For other segments, the outlook remains on solid ground as well, despite expectations for slower economic growth in 2007, the underlying fundamentals support Honeywell's end markets. Specialty Materials demand remains favorable and capacity utilization follows the suite, partially offset by an assorted view for the automation segment.

Strategic focus on higher-growth segments of major end markets has resulted in improved structural growth, with modest dilution to near-term earnings’ growth. Cash flow is improving and on-balance capital allocation has become more productive and shareholder-friendly. We expect Honeywell to perform well on the back of forecasted EPS growth for the next two years and higher operating margins. Legacy restructuring, asbestos, and environmental factors remain a risk, though not enough to justify a short-term bearish trend.

Honeywell is a safe stock. I don't see a whole lot of volatility in this stock. W/ them getting a $400 million contract from Army Pact and 10.7 million contract from Navy, their profits are bound to be higher and should be able to produce higher returns and at least match the analyst forecasts.

Company is cash flow positive and has paid down debt. Continues to acquire companies that can enhance its competitive markets and has resources to retool. Present leadership understands the importance of paying down debt as evidenced by the recent market downturn. Hsd the debt ratio been higher, the stock price would not have stayed close to its 52 week high. Will continue to acquire for 2 years and is already in contention to pay out a hefty shareholder dividend or 3:2 stock split.

Undervalued

Solid industrial play with exposure to aerospace, defense, infrastructure, IT, and security. Blue chip member of DJIA. Good dividend. Price is a good bit below 52-week high, despite good earnings growth and good earnings report last quarter. A good value play with good earnings growth.

Although strengthening it has not moved much since it was an acquisition target. Serves the consumer durables market too which is still strong.

It's on it's way up, been busy getting rid of junk they have had for some time; and working more with tech and plane engines. Top company that can handle even

more diversification, including global.

Hard to predict large firms like this. They seem to be doing better in their key divisions. I expect this to continue at least for a bit. Really mostly guessing based on past experience.

VL

Strong grwth
Earnings improvement
Reasonably diversified

With over %60 of all of the candidates discussing how they would end the war, and with a War disapproval rating of %70 and an expanse of the private space travel market, Honeywell who has a huge contract with Nasa and the Airforce is poised for a fall. Aerobus is signing huge contracts but Boeing and Honeywell are out in the cold. They are lobbying more than ever, which means that HON is seeing a shaky future. Thumbs down for the next 2 years.

Honeywell is a diversified technology company with leadership in several areas. I like this company because of its valuation such as P/E, P/S, Return on Equity/Assets. Additionally it has a very small debt and has a decent dividend.

Honeywell says they will actively acquire companies this year (2008), something they have not been doing over the past few, and the only way for a company of this size to efficiently grow. And with the market, it's a good year for acquisitions.

Will do well when the economy recovers, patience required

Honeywell is in a great position to pick up new military contracts

as the country starts to rebuild the military arsnal lost during the recent war...

Well regarded in many industries. With any change in the industrial economy, so goes HON. Good dividend while you wait. Everything from defense, to refrigeration, to automobiles.

YES