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Candles254
Dec 13, 2023 11:45 AM

Honeywell Long

Honeywell International Inc.NASDAQ

Description

It is estimated that about 25% of buildings worldwide consume a Honeywell product. The company is the 4th largest conglomerate in the world based on market value. The company has a diverse portfolio and clientele that makes Honeywell International an essential company in the following sectors:

1. Aerospace:
Core Business: Designing, manufacturing, and servicing aircraft engines, avionics, flight management systems, and other aerospace technologies.
Key Clients: Leading commercial airlines, defense organizations, space agencies, and business and general aviation operators. Boeing, Airbus, Embraer, Lockheed Martin, Northrop Grumman, NASA, European Space Agency etc

2. Building Technologies:
Core Business: Providing solutions for energy efficiency, comfort, safety, and security in commercial and residential buildings.
Key Clients: Building owners and operators, facility management companies, and construction firms. Johnson Controls, Siemens, Trane, Turner Construction, Brookfield Properties etc

3. Performance Materials & Technologies (PMT):
Core Business: Developing and supplying high-performance materials like catalysts, adsorbents, and advanced fibers used in various industries.
Key Clients: Oil & gas refineries, chemical companies, electronics manufacturers, and other industrial businesses. ExxonMobil, BASF, Dow Chemical, DuPont, Samsung, Intel etc

4. Safety & Productivity Solutions (SPS):
Core Business: Offering personal protective equipment, connected worker solutions, barcode scanners, and other technologies for workplace safety and productivity.
Key Clients: Industrial manufacturers, logistics and transportation companies, healthcare organizations, and other businesses with large workforces. UPS, FedEx, Amazon, Ford Motor Company, General Electric, Walmart

Honeywell International is one of the companies contributing to the quantum computing space as well.

Looking at adding Honeywell International to our portfolio.

Comments
littyalpha
Prediction: rejects 210.83, Re-tests 178.88, Entry, Ride the Breakout.

HON purchased Carrier Global's Security Sector. 5 Billion All-Cash Transaction.
Definity adding to my portfolio, being patient hopeful for nicer entry.

just my prediction, got into Carrier Global Corp (CARR) @ 52$
Candles254
@littyalpha, Price was unable to break and hold above $210. A retest of the interim entry will be appreciated. It is far-fetched but possible if rate cuts and or earnings disappoint.
littyalpha
@Candles254, Purchased 195 puts once price broke 210 @ 2.20. Sold @ 3.20

Prediction: quick hop, rejects 205.13, continues bearish, dont see support till 198.31

if 198.31 is broke, no support till 190

reloading puts if correct. 2 months out min for a safe DTE with HON

just my prediction. hopeful for a 184 entry on shares as it is a strong support. again can only hope lol

writing this out with the risk of looking like an idiot but lets see what happens
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