Honeywell’s (HON) Quantum Isn’t A Science Project, Asserts Jim Cramer

We recently published Jim Cramer Shared Latest Take On Mega Quantum Computing Investment & Discussed These 13 Stocks. Honeywell International Inc. (NASDAQ:HON) is one of the stocks discussed by Jim Cramer.

Honeywell International Inc. (NASDAQ:HON) is another one of Jim Cramer’s top quantum computing stocks. Its shares are up by 6.8% over the past year and by 16.4% year-to-date. Jefferies discussed the firm on April 26th as it reduced the share price target to $240 from $245 and kept a Hold rating on the stock as it discussed the impact of the conflict in the Middle East on the firm. A couple of days earlier, on the 24th, Barclays had reduced Honeywell International Inc. (NASDAQ:HON)’s share price target to $243 from $255 and kept an Overweight rating and remarked that the firm had to win over the investment community when it came to its aerospace business. In this appearance, Cramer discussed the Trump administration’s decision to take equity stakes in quantum computing companies and dismissed most firms apart from Honeywell and IBM:

“I happen to think that these are, some degree other than IBM, science projects. . . And don’t forget Honeywell, which is up a dollar seventy. . .Honeywell has a stake in the business, Quantinuum. . .”

Honeywell's (HON) Quantum Isn't A Science Project, Asserts Jim Cramer

In a tweet, Cramer provided additional context:

“CNBC Investing Club name Honeywell getting boost because its Quantinuum soon to be spinoff gets stake by federal government. I continue to think that this spinoff will be meaningful.. I feel lonely as the stock goes up on news and down on nothing”

While we acknowledge the risk and potential of HON as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than HON and that has 10,000% upside potential, check out our report about the cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

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