I just recently decided to sell Honeywell and wait to reinvest once the company completes its split. In the meantime I have been looking for value buys in the industrial sector, but cant seem to find any.
CAT, DE, GE, Etc all all overvalued in my opinion. Even the processing companies like EFX are slightly overvalued.
What are some good value buys in this sector? Only two I have really seen are ADP and UNP, but even those are above a 20 P/E.