Better Buy: GE vs. Honeywell
Once upon a time, General Electric(NYSE:GE) and Honeywell(NASDAQ:HON) were meant to be merger partners. The deal was intended to be the last significant corporate action by GE’s former CEO, Jack Welch, but it fell apart in 2001 due to competition concerns in Europe. Honeywell investors have reason to be glad; after all, their stock is up 540% since then, while GE stock is down a whopping 76%. However, the good news is stock prices have no memory. With this in mind, it’s time to look into which stock…
