5 Undervalued Blue Chip Stocks To Buy According to Wall Street Analysts

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In this piece, we will take a look at five undervalued blue chip stocks to buy according to Wall Street analysts. If you want to check out our introduction to blue chip stocks, then take a look at 12 Undervalued Blue Chip Stocks To Buy According to Wall Street Analysts.

5. Honeywell International Inc. (NASDAQ:HON)

Share Price Upside: 17%

Honeywell International Inc. (NASDAQ:HON) is an industrial equipment and materials company that serves the needs of several industries such as aerospace, pharmaceuticals, and warehousing. Despite a slowdown in the industrial space, it beat analyst Q2 2023 EPS estimates and the shares are rated Buy on average.

During Q1 2023, 58 of the 943 hedge funds polled by Insider Monkey had held a stake in Honeywell International Inc. (NASDAQ:HON). John Overdeck and David Siegel’s Two Sigma Advisors is the firm’s largest investor with a stake worth $379 million.

Follow Honeywell International Inc (NYSE:-)

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