Honeywell International vs IonQ Which Should You Buy?

Honeywell International and IonQ are two companies in the technology sector that have garnered interest from investors. Honeywell International, a multinational conglomerate, is known for its diverse portfolio of products and services in industries such as aerospace, building technologies, and performance materials. In contrast, IonQ is a leading player in quantum computing, a rapidly advancing field with vast potential for disrupting traditional computing methods. Both companies present unique opportunities for investors looking to diversify their portfolios and capitalize on emerging technologies.

Honeywell International or IonQ?

When comparing Honeywell International and IonQ, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Honeywell International and IonQ.

Dividend Investors:

Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company. Honeywell International has a dividend yield of 1.92%, while IonQ has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Honeywell International reports a 5-year dividend growth of 6.42% year and a payout ratio of 50.54%. On the other hand, IonQ reports a 5-year dividend growth of 0.00% year and a payout ratio of -0.02%.

Value Investors:

Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Honeywell International P/E ratio at 26.05 and IonQ's P/E ratio at -42.26. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Honeywell International P/B ratio is 8.51 while IonQ's P/B ratio is 16.64.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Honeywell International has seen a 5-year revenue growth of -0.02%, while IonQ's is 1.17%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Honeywell International's ROE at 34.10% and IonQ's ROE at -36.82%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are $225.87 for Honeywell International and $29.53 for IonQ. Over the past year, Honeywell International's prices ranged from $189.66 to $242.77, with a yearly change of 28.00%. IonQ's prices fluctuated between $6.22 and $38.45, with a yearly change of 518.15%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.