14 Stocks Jim Cramer Discussed As He Went “All In” On Quantum Computing

Page 4 of 13

10. Honeywell International Inc. (NASDAQ:HON)

Number of Hedge Fund Holders In Q1 2025: 75

Honeywell International Inc. (NASDAQ:HON) is one of the biggest industrial conglomerates in America. Its shares are flat year-to-date after a major 6% dip in July after the latest earnings results. The shares fell because despite the fact that the firm reported $10.4 billion in sales and $2.75 in EPS to beat analyst estimates of $10.1 billion and $2.66, investors were looking for a robust earnings performance to drive its guidance raise. Here’s what Cramer said about Honeywell International Inc. (NASDAQ:HON) after the earnings:

“Okay, so Honeywell is splitting into three different companies. Some people feel that the cash flow is weaker, uh, I don’t feel that this is nearly as and. . .I think you buy Honeywell. Only one division was weaker. This was automation. The stock tends to sell off when they report. And then it spends the next three weeks recovering. I think Honeywell is fine. Charitable trust owns it, it’s a big win. It will continue to be a big win.  This is a major overreaction to something that shouldn’t be happening. Right now, shouldn’t be happening. Down 15 you buy it.

“[On guidance raise] Yes that’s what matters. And people just always seize at whatever’s most negative. They’re breaking up into three companies. He’s bringing out value. This is very short sighted. Vimal Kapoor doing a great job. Buy the stock. Overreaction to something that’s not even negative for heaven’s sake. Unbelievable how poorly the stock acts on the day it reports and then it spends the rest of the time, climbing. Buy it.”

Page 4 of 13