Honeywell Automation Entry@23300

Average sales growth for the past 3 years is 7.5%. Average profit growth for the past 3 years is 25. Margins have increased by 12% yoy average. A company which is showing accelerated sales, profits and margin usually shows a sign of strength fundamentally, prices can go much higher from here.
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Value doesn't move stock prices, people do by placing buy orders. Value is only part of the equation. Ultimately, you need demand - Mark Minervini
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