Let our stock updates help direct you: Honeywell, DXC Technology and Kraft Heinz

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HONEYWELL INTERNATIONAL INC. $202 is a buy. The company (New York symbol HON; Manufacturing & Industry sector; Shares outstanding: 701.7 million; Market cap: $141.7 billion; Dividend yield: 1.8%; Takeover Target Rating: Medium; www.honeywell.com) is a diversified technology firm operating in four segments: Aerospace (38% of sales); Performance Materials (30%); Safety and Productivity (16%); and Building Technologies (16%). Honeywell recently agreed to pay $1.3 billion for Sparta Systems, a provider of regulatory and quality management software primarily for the pharmaceutical and biotech, medical device, food and beverage, chemical and agrochemical industries. Honeywell plans to integrate Sparta’s TrackWise Digital offering with its Forge software to provide a full suite of services for life science companies. At the same time, the company continues to sell less-important businesses. For example, it’s now selling its performance and lifestyle footwear business to Rocky Brands Inc. (Nasdaq symbol RCKY) for $230 million. Honeywell expects stronger sales as the economy rebounds from COVID-19, along with lower costs, to lift its earnings for the fiscal year…