Honeywell Trades Below 50-Day SMA: How Should You Play the Stock?

The industrial conglomerate Honeywell International Inc. (HON) is in the headlines nowadays as it is reportedly considering a strategic restructuring of the business, which includes potential breakups.Last month, news surfaced that the company is considering divestment of key businesses as part of its business transformation strategy that aims to unlock values for its shareholders. The company announced that it has made significant progress on the possible spinoff of its Aerospace business. As part of the s ...