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HONEYWELL INTERNATIONAL INC. $232 is a buy. The company (New York symbol HON; Manufacturing & Industry sector; Shares outstanding: 694.6 million; Market cap: $161.1 billion; Dividend yield: 1.7%; Takeover Target Rating: Medium; www.honeywell.com) aims to take advantage of the huge potential of quantum computing systems, which can process data much faster than regular computers. Honeywell’s trapped-ion technology uses individually charged atoms (ions) to hold quantum information. It’s now teaming up with U.K.-based Cambridge Quantum Computing to form a new firm that will combine its hardware with Cambridge’s software. Honeywell will hold an undisclosed majority stake in this venture. It will take several years to commercialize this technology. If successful, it’s possible Honeywell could spin off this new firm as a separate, publicly traded company. Honeywell is still a buy. ETSY INC. $196 is a hold. The company (Nasdaq symbol ETSY; Consumer sector; Shares outstanding: 127.1 million; Market cap: $24.9 billion; No dividend paid; Takeover Target Rating: Medium; www.etsy.com) operates an online marketplace that brings…