Honeywell Sales Down 7% But Stock Up 60%; Why?

Honeywell’s stock gained over 60% in 3 years, with the stock price rising from $108 at the end of 2016 to about $176 at the end of 2019. Though the stock price dropped in 2020 to $136 as of 18th May 2020 due to the COVID-19 pandemic, the stock has still registered a cumulative return of 25%…

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