Honeywell & Verizon Partner to Launch Retail Lifecycle Solution

Honeywell International Inc. HON recently partnered with Verizon Communications Inc. VZ to introduce a transformative bundled technology solution for retail and logistics companies. This solution integrates Honeywell's hardware, software and services with Verizon's 5G connectivity to optimize retail operations.Based in New York, Verizon offers communication services such as local phone service, long-distance, wireless and data services to consumers, businesses and government agencies. The company operates through two segments, namely Verizon Consumer Group and Verizon Business Group.Inside HON’s HeadlinesThe Honeywell-Verizon bundled solution enhances business resiliency for retail and logistics companies. The solution incorporates Honeywell’s Smart Pay contactless mobile payment software and support services into Verizon’s 5G network, providing a single point of contact for hardware, software, services and connectivity for retail operators. This will help retailers to continue their sales-related operations even during power outages. The use of Verizon's 5G network will ensure high-speed and stable connections for important business applications.The solution also incorporates Honeywell's Enterprise Mobility Services, which will offer comprehensive lifecycle management for mobile devices, including configuration and spare pool management. It improves operational efficiency by streamlining workflows, growing productivity and lowering downtime. The Honeywell-Verizon bundled solution can cater to businesses of all sizes, from small and medium-sized enterprises to large corporations. This solution will be offered by HON and its network of resellers starting in early 2025.HON’s Zacks RankStrength in the commercial aviation and building automation businesses augurs well for Honeywell. The Aerospace segment is particularly strong, driven by robust demand in the aviation aftermarket.In the past year, this Zacks Rank #3 (Hold) company’s shares have risen 8.9% against the industry’s 10.7% decline.Image Source: Zacks Investment ResearchHowever, weakness in the Industrial Automation segment, due to lower demand for projects, is worrisome. The weakened demand for its products within the sensing and safety technologies business is also concerning.Stocks to ConsiderBetter-ranked companies are discussed below.Graham Corporation GHM currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.GHM delivered a trailing four-quarter average earnings surprise of 101.9%. In the past 60 days, the Zacks Consensus Estimate for Graham’s fiscal 2025 earnings has remained steady.Applied Industrial Technologies AIT presently carries a Zacks Rank #2 (Buy). AIT delivered a trailing four-quarter average earnings surprise of 5%.In the past 60 days, the consensus estimate for AIT’s 2024 earnings has inched up 0.2%.Free: 5 Stocks to Buy As Infrastructure Spending SoarsTrillions of dollars in Federal funds have been earmarked to repair and upgrade America’s infrastructure. In addition to roads and bridges, this flood of cash will pour into AI data centers, renewable energy sources and more.In, you’ll discover 5 surprising stocks positioned to profit the most from the spending spree that’s just getting started in this space.Download How to Profit from the Trillion-Dollar Infrastructure Boom absolutely free today.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Honeywell International Inc. (HON): Free Stock Analysis Report Verizon Communications Inc. (VZ): Free Stock Analysis Report Applied Industrial Technologies, Inc. (AIT): Free Stock Analysis Report Graham Corporation (GHM): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks