By Market News Video Staff, Wednesday, November 17, 9:34 AM ET
Honeywell (NYSE:HON) was upgraded by RBC Capital Markets today. The firm raised its rating on the stock from sector perform to outperform following the adjustment to its pension accounting. RBC believes this decision makes the company more attractively valued, and hiked its price target on the stock from $50 per share to $58.
At 7.35% of the fund, Honeywell is the top holding in the Aerospace & Defense Portfolio (AMEX:PPA), followed closely by United Technologies (NYSE:UTX) at 6.9% of the total and Boeing (NYSE:BA) at 6.64%. For a complete list of holdings, visit the PPA Holdings page.
The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors — anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors, commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow the performance trail wherever it leads us.
This Article's Word Cloud:AMEXBoeingCapitalDefenseHoldingsHoneywellInvestmentNYSEPortfolioUnitedaccountingallocationallowsassetbelievesbondsclassescommoditiescompanycompletecompletelycountriesdecisiondesignedflexibilityfollowfollowedfollowingfromgrowthguidelineshikedholdingsinvestorsleadsoutperformperformperformanceportfoliopriceprogramraisedratingshareshortstockstockstermsthisvisit
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.