Jim Cramer Discusses Honeywell (HON)’s Split In Detail

We recently published 11 Stocks Jim Cramer Discussed, Including A Potential “Worst Stock Ever”. Honeywell International Inc. (NASDAQ:HON) is one of the stocks Jim Cramer recently discussed.

Honeywell International Inc. (NASDAQ:HON), the industrial conglomerate with a presence across energy, automation, and construction, is splitting up into multiple businesses. Cramer discussed RBC Capital’s coverage of the move:

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“My charitable trust name Honeywell. Absolutely fabulous piece today by RBC Capital talking about the breakup. The stock started moving last week and what I thought was most interesting was, we forget that GE, when they announced the breakup, dramatically underperformed until you got very close to the actual breakup date. And David, we should be talking about this someday, when you feel like when you split up companies right now, it’s not working, no, it just takes a long time for it to work. So I like this piece. I’ve been telling people this is what it means when a company splits,  Honeywell splitting into automation business, they already did the chemical business, that started trading earlier this week for real, and aerospace. And I just encourage people,  don’t get discouraged when companies break up. It takes a long time. Vimal Kapur doing a terrific job. So Larry Culp did for GE. I like this stock.

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Disclosure: None. This article is originally published at Insider Monkey.