Honeywell Aerospace (HONA) Stock Looks Below Fair Value on Cash Flow

Honeywell Aerospace has seen its share price fall year to date, even as investors weigh a mix of growth plans, legal overhangs and insider buying. The key issue now is whether the current valuation is supported by the cash that Honeywell can realistically generate from its aerospace operations. The stock is down 18.5% year to date, which puts more focus on whether the recent weakness has moved the price closer to what its cash flows can support. Fresh projections for business aviation growth...