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Honeywell: Disappointing Q3 Results Advise To Sell The Stock

Honeywell: Disappointing Q3 Results Advise To Sell The Stock

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We think that the risks surrounding Honeywell are too high to consider buying it now and we expect the stock to continue underperforming the broader market. The stock is trading at ’22 expected P/E of 26.9x well above the last 10-year average of 24.7x and it has a limited upside potential according to our DCF model.

...read full article on Seeking Alpha

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