Jim Cramer Says “The Only Viable Quantum Businesses Belong to Google, IBM, and Honeywell (HON)”

Honeywell International Inc. (NASDAQ:HON) was among Jim Cramer’s stock calls, as he discussed the rising market speculation. Discussing quantum stocks worth owning, Cramer mentioned the company and said:

How about the quantum stocks? I believe that one day, quantum computing will be very important, but today is not that day. Right now, the publicly traded companies are just science projects. They all talk a big game. But again, the only viable quantum businesses belong to Google, IBM, and Honeywell… Honeywell’s spinning off its quantum business, known as Quantinuum, later this year. It owns 54% of it… but it’s still, it’s a very valuable asset.

Honeywell International Inc. (NASDAQ:HON) develops and sells technologies and solutions across aerospace, industrial automation, building management, and energy and sustainability.

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 this cheapest AI stock.

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