Expect one more dividend at ,45 for August. Dividend 10% increase likely will be announced for November dividend.
A 10% dividend increase at ,25 for 2X shares would have Upright dancing in the streets!
Maintaining current P/E of 19.4 at full year earnings forecast of 5.50 = potential Price of 106.7.
Should be able to break 100 if general market conditions remain positive. Have to get through the Fed ending bond purchases and fear of rate increases in 2015.
Look at Cote's salary compared to the CEOs of the companies you mentioned. Perhaps the stock price is inversely proportional to CEO salary.
CSTU is the stock to watch. Financials show some huge assets along with proven mining properties. You need to start some research on CSTU, could be the next mining play to really make investors rich
Upright - I agree with there being a psychological impact of a stock split. However, to say that HON can't get over 100 without a split is not practical. There are many stocks trading over 100 today. How did they break the 100 barrier? In HON sector, stocks like UTX, PH, NOC, BA and several others all made it over the 100 mark. The impact of a split is very short-term and the main drivers of stock price remain revenue, earnings, op-margin, and cash-flow.
At the high end of the new Honeywell five year plan, the stock could easily be well over $200.
I wish I could outlive the money. Rex has the right idea, cash-out and spend it!!
Every large institution that wants to own Honeywell already has it in their portfolio. The only people left are the smaller investors. Young investors won't pay $96/share but they will buy at $40/share. I'll bet you that you didn't buy your shares $96/share. Also, I'll bet you've seen a stock split or two and have, over time, compounded your wealth because of it. I know I have. Honeywell is ripe for a 2 for 1 stock split. Then you will see it move to $60,$70/share and more over time. Without a split it will never reach $100.
Well Honeywell is recovering but Yellen killed my small caps and tech stocks this morning with her comments.
Could hit new all-time high this week with earnings on Friday.
Hope no bad words come out of Yellen's mouth at the congressional testimony Tuesday/Wednesday.
Just saying - augie
Newsferatu reports that in the last 30 days there were 26 highly curated articles for Honeywell. 20 were Positive, 3 were Negative, and 3 were Neutral.
I sure did! I heard Cramer say the other day to not hold 100% of 401K contributions in your company's stock. When I worked for them, they matched dollar for dollar in stock, and I bought all stock with my contributions. If I had Cramer's philosophy, I would not be sitting where I am right now! But to be fair, this was a GREAT company...and still is! :-) It's no ENRON....!