Top 8 Stocks for January

Top Stock #5: Honeywell International Inc. (HON)

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Honeywell International Inc. (HON) is a diversified technology and
manufacturing company that is the largest maker of cockpit controls, small jet engines and climate-control equipment.

The stock tripled in price from late 2002 to early 2007, but in June 2008, it broke support and
plunged. By November 2009, HON was had fallen below $24.

Since then, HON has established a solid “W” base and broken out from a compound cup-and-handle
formation. It is pending a buy signal from the stochastic indicator, which if made, could propel the stock to new highs.

S&P rates HON a “five-star strong buy,” and my trading target for the stock is $50.

Next: Top Stock #6