Our top spinoff pick for 2025

Article Excerpt

For 2025, we have selected Honeywell as your #1 Spinoff Buy. Following a long series of acquisitions over the past few decades, the company is now a major conglomerate with many businesses spread across a variety of industries. That makes Honeywell a prime candidate for a breakup to simplify its operations and unlock the value of those businesses. The company agrees and recently announced the spinoff of one of its smaller businesses. However, a prominent activist investor is now pushing for a much bigger breakup. That pressure seems to be working, as Honeywell is now looking at separating its aerospace division from its industrial products operations. We feel that would spur a big gain for the stock, similar to the returns investors in similar legacy conglomerates such as General Electric and United Technologies (now called RTX) have enjoyed the past few years. HONEYWELL INTERNATIONAL INC. $223 is your #1 Spinoff Buy for 2025. The company (Nasdaq symbol HON; Manufacturing & Industry sector; Shares outstanding:…