economy
Here are the ways 3 of our industrial stocks can weather Iran-fueled volatility
Honeywell, Dover, and Linde each have ways to mitigate the conflict overseas.
TL;DR
- Industrial stocks are stumbling due to fears of inflation and shipping disruptions stemming from the Iran war.
- Honeywell's CEO remains confident in the company's long-term outlook despite short-term shipping delays, focusing on the upcoming separation of its aerospace division.
- Dover's CEO anticipates tracking orders positively, with energy and freight costs not posing a significant threat, and Wells Fargo upgraded the stock, citing potential benefits from both de-escalation and continued conflict.
- Linde stands to gain from elevated helium prices due to the conflict, and its ability to store helium allows for potential sales at a premium.
- The Investing Club has previously taken profits on Honeywell and DuPont after successful spin-offs and rallies.