Honeywell Is Now Three Companies. Here's Which Piece I'd Actually Own.
Honeywell was a giant industrial conglomerate, but today it is three different businesses, and Honeywell's CEO is still running one of them.
Overview
Wall Street goes through cycles. One that recurs with some regularity is the shift between conglomeration and corporate separations. Right now, conglomerates are separating, creating multiple businesses from one. Honeywell is a good example of this trend, with the conglomerate breaking into Honeywell Technologies (NASDAQ: HON), Solstice Advanced Materials (NASDAQ: SOLS), and Honeywell Aerospace (NASDAQ: HONA).
If you are thinking about buying one of these three companies, you may want to consider following the CEO who orchestrated the corporate split. Here's what you need to know.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.