Red-Hot Dow Stock Hoping for Post-Earnings Pop
Dow(DOW) Schaeffers Investment Research·2024-10-24 01:24
Fresh off 3M (MMM) and Boeing (BA) earnings today, the struggling Dow Jones Industrial Average (DJI) barely gets a breather before another blue chip steps into the confessional. Consumer goods conglomerate Honeywell International Inc (NASDAQ:HON) reports third-quarter earnings before the open tomorrow, and options traders are betting bullishly ahead of the event. Honeywell stock has a history of lackluster post-earnings reactions. Shares gapped 5.2% lower in late July after its second-quarter report, and su ...