Honeywell (HON) Stock Up After Jim Cramer Said He Liked It

Published on March 26, 2026 at 2:34 pm by Ramish Cheema in News

Honeywell International Inc. (NASDAQ:HON) is one of Jim Cramer’s Hottest Defense Technology Stock Picks.

Honeywell International Inc. (NASDAQ:HON) is a major defense contractor through its aerospace business, which is due to be spun off later this year. The shares are up by 11% over the past year and by 18.9% since Cramer discussed the firm on Mad Money. Honeywell International Inc. (NASDAQ:HON)’s shares closed 5% higher on April 29th after the firm reported its first quarter earnings report. The results saw the firm raise its profit forecast by $500 million at a time when investors were wondering about the impact of tariffs. Overall, Honeywell International Inc. (NASDAQ:HON) posted $9.82 billion in revenue and $2.51 in profit per share to beat analyst estimates of $9.59 billion and $2.21. However, more recently, the shares struggled in the aftermath of the US operation in Iran. The shares dipped by 1.3% on March 17th after Honeywell International Inc. (NASDAQ:HON) warned that it would face shipping disruptions in the Middle East. Cramer was confident in April 2025 that the firm was undervalued:

“Jeff and I talked about this endlessly, up 16 today by the way. We think the stock is dramatically undervalued. We think that Vimal Kapur is doing everything right. We could not believe how low the stock got. I am a firm believer and a buyer of Honeywell even at these levels. Yes. I like it that much. It was down 8% last week. That’s nutty.”