The Latest Breaking News from Honeywell International

With reshoring gaining momentum, these companies are set for strong growth. Driven by supply chain concerns and political support, firms in transportation, industrial tech, and construction materials are well-positioned to benefit from the shift toward U.S. manufacturing.

Despite Honeywell International’s underperformance compared to the broader industrial sector this year, Wall Street analysts remain cautiously optimistic about the stock’s prospects.

Despite Honeywell International’s underperformance relative to the broader market over the past year, Wall Street analysts remain moderately optimistic about the stock’s prospects.

The industrial sector’s prospects look attractive due to rising demand for automation of production processes and specialized industrial services. Industrial stocks, General Electric (GE) and Honeywell International (HON), are well-positioned to benefit from the industry tailwinds. However, which of these is the better buy? Read more to find out.