Better Buy: Boeing vs. Honeywell International
The aerospace sector is a key battleground for investors going into 2021. On the one hand, stocks in the sector look attractively priced. On the other hand no one really knows how the recovery in commercial aviation will take shape next year. Let's shed some light on these issues by comparing the investment cases for two of the leading companies in the sector, namely Boeing (NYSE: BA) and Honeywell (NYSE: HON).
The industrial conglomerate is a well-run company with its fingers in many industrial pies. The chart below shows a breakout of its segment profit in 2019. Obviously, investors will be concerned by the exposure to aerospace, but there's reason to believe that Honeywell is relatively well-positioned in the industry.
Image source: Getty Images.
Source Fool.com
