A small 2-year budget agreement out of Congress sometime yet before deadline could also spur the market.
Sounds like a Very Small agreement with the only hang-up being on how much to reduce unemployment benefits
Div payout next week.
I've been trading HON very successfully, but I'm looking for a good research site to get stock picks from. I've made a lot of money (over $60k) from UA (underground stock alerts) google them - looking for more solid research sites to add to my trading arsenal. please leave your recommendations below along with a review, i think this will be beneficial to all traders here on the board. thanks and good luck to all!
Not so bad. Half of today's drop was due to the dividend coming out of the stock before the open. Nothing wrong with getting more of the inexpensive money that is out there. Once the tapering starts, money will get more expensive. Cote needs to buy more top-line growth if he can't get it up organically!
Why does the market today take such a dim view of HON's selling of bonds? Don't they know that with these funds HON can buy a new operation/company or even buy back its stock. Re the latter, we've seen that it's a good deal, given the low-low bond interest rates paid, to buy back stock. After all, with the Fed's (and Janet Yellin's) help, this can go on for an extended time.
SGLB- one to watch in 3D printing with contracts with HON, GE, and a research grant by US Dept. of Commerce awarded recently.
Friday, some may take a little off the top for safe keeping----so it may show a pull-back short-term---just before the upcoming Ex-Date and then zoom again.
Looked at Barchart and saw that resistance is in the mid $89 range with 100% Buy recommended ,--short, medium, and long-term
That may seem outrageous but that also seems to be the direction it has been heading.
Wonder when the market will burst like the housing market. I'm very skeptical when Yellen said that the market is not in bubble territory. I sold 75% of my equities and locked in my profit after she said that. I guess it's o.k. not to be too greedy because I remember what my broker once said to me "the hogs gets slaughter" Will buy back in after the market melt down.
Rude, You sure called that one right
Line energy, SEC, and a re-wright of acquisition agreement has not favored well for Cramer.
Shedding Hon to buy Linn was not a wise idea
The big question is when this happens. So hard to time. Any guesses for what will pop the bubble? Maybe a quarter report like csco did yesterday
It is hard to imagine why Hon reaches all time highs when csco ceo just stated global growth weakening.
Has it ocurred to you that people oversees might be employees, and they might be shareholders as well?
A large % of hon's revenues are from overseas. Why not hire locals to sell there & deliver the deal locally?? You seem really insular. We have thousands of great employees who speak different langauges than I do who create new deals overseas and deliver them there for Hon.
He's working hard to re-invent himself with all this govt debt stuff he is talking about.
I do agree with him 100% but he is clearly working on grooming himself for a next life beyond hon.
This is what smart ambitious people do; they never stand still. They always look downfield for their own next move.
So I am not criticizing really, just stating the obvious.
always catching up to other co's. I could have taught him that from the transistor radio I bought 37 years ago when I was 14.
One of the best devices I ever had. It was simple & durable & did what I wanted it to do. Unlike just about anything you buy today.
The required 5-hour web training for human factors crashes after the first 35 minutes.
You get no credit for that time you wasted. Start all over. I am on my 3rd try.
Tech support says just keep trying, maybe it will work. It is required.
This is the wasteful Honeywell human factors that cote now suddenly loves.
ADSU was just upgraded to a $2 price target by Everest Stock Market Research, add this one to your watch lists immediately we could see huge gains tomorrow morning. The last alert they put a price target on went up over 3000% same day!
Enlighten us. You are not in cash?
I share your concern about exporting jobs and knowhow to China.
Do you have any individual picks comparable to HON a while back?
Little bottom line growth. Only increase in profits is primarily due to cost cutting which has gone too deep and is starting to affect quality. Honeywell looks stretched thin here. Been a long time holder, but have taken quite a bit off the table here recently. How many more quarters can they go with the increase in profits coming primarily from cost cutting? How long will the street continue to reward them for it?
The PE is extended at this point. If the fed starts tapering you'll see that multiple go down. If the government does additional cost cutting HON could see less business from them. QE infinity could continue to inflate this multiple, but we all know that isn't going to last forever. In my view there is limited upside from here, and when the down side does come, you'll see greater compression here than elsewhere in the space.
Dave Cote has done a wonderful job creating shareholder value in the short term during a tough time. Unfortunately I feel he has catered too much to the shareholders and through too aggressive cost cutting has damaged the company brand and the long term prospects for the company. We'll see how the next few quarters/years go to see if I'm correct or not.
Still long, but only 15% of what i was. UOP has potential if they run with it.