Honeywell International Inc. is a multinational technology and manufacturing corporation. It has a heavily diversified business that operates worldwide in four main areas: aerospace, building technologies, performance materials and technologies, and safety and productivity solutions. The company's reach ranges from thermostats found in every home to military equipment such as helicopter engines. Learn the latest information and analysis on the company, HON stock price today, history, stock news, how much one share costs and other information to help you make investment decisions.
Check Gainy app for insights on stock prices and more. Honeywell has a wide range of products for traditional and renewable energy sources, the latter being a promising field for investors as the world is moving or at least trying to move towards sustainability. Honeywell is a leader in energy storage and has a business model that can withstand recessions, unlike smaller companies and startups in wind, solar and other newer types of energy.
The Honeywell stock price fell by 17% since its previous peak in January 2022, which is over 20% down from its all-time high of $234 on August 11, 2021. Even though there are signs the stock is underperforming, this might be a great opportunity for investors who are bullish on the sector of renewable energy.
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