There are no absolutes in investing. There's no risk without reward, and no reward without risk.
Platitudes? Probably, but they do help to frame the discussion around buying General Electric (NYSE: GE) versus Honeywell International (NYSE: HON) stock. GE represents the higher-risk/higher-reward option while Honeywell is the lower-risk/lower-reward option. But on balance which is the better buy?
General Electric is a turnaround play that has more upside potential if everything goes as planned and commercial aerospace markets recover in due course. Meanwhile, Honeywell is definitely the higher quality company with more secure revenue streams, but it trades on a hefty valuation, which limits its stock's upside potential.
Source Fool.com