Honeywell International Inc. (NYSE:HON) (2.3%) (HON - $174.59 - NYSE) operates as a diversified technology company with highly engineered products, including turbine propulsion engines, auxiliary power units, aircraft brake pads, environmental control systems, engine controls, communications and navigation systems, sensors, building automation, catalysts and absorbents and process technology for the petrochemical and refining industries, and warehouse automation equipment and software. One of the key drivers of HON's growth is acquisitions that increase the company's growth profile globally, creating both organic and inorganic opportunities.
From Mario Gabelli (Trades, Portfolio)'s second-quarter 2019 Value 25 Fund commentary.
This article first appeared on GuruFocus.
- Warning! GuruFocus has detected 3 Warning Sign with HRB. Click here to check it out.
- HON 15-Year Financial Data
- The intrinsic value of HON
- Peter Lynch Chart of HON