Honeywell - Great company, tough ride
Honeywell was one of my very first purchases. It's a company I got a lot of interest in for a number of reasons. To start with, one of my main investment theories right now is that energy management is going to be a huge multi-year theme. Between trying to save money because energy prices have been climbing coupled with our human interest to be "greener," Honeywell seemed like an awesome fit. With the financial fallout of 2008, Honeywell was crushed. The company made a number of moves to change direction and adjust so they could handle downturns and do even better when things go well. By the time I was interested, they were proving to beat expectations despite a still difficult market - their changes were proving fruitful. The stock still held a yield around 3% and I couldn't be more happy to acquire shares. This seemed like a no brainer, and throughout 2010 I couldn't be proven more right, as the stock climbed up to nearly a 50% gain....