Is Honeywell Stock a Buy Near Its 52-Week High?
2020 has been a good year for Honeywell International (NYSE: HON). The red-hot industrial giant is up over 20% in the past three months, turning its shares positive for the year. Honeywell was added to the esteemed Dow Jones Industrial Average in late August to replace Raytheon Technologies, a testament that Honeywell's manufacturing, operational technology, information technology, and growing data collection and management business are an important reflection of the American economy.
With its stock near an all-time high, let's analyze Honeywell's performance, dividend, financial health, and valuation to determine if the stock can continue to roar higher.
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Source Fool.com