By: Scott Davis
HON has been a good story for some time now, but investors have largely struggled with core growth results that were middle-of-the-pack at best, and a portfolio that always seemed overly diversified. Both issues are being addressed. Core growth is now hitting its stride – 5% this quarter – which will be around our average result this quarter, but… given the pending spin-offs – core HON should be higher than the peer average.
Note: Published April 20th, 2018