Jim Cramer Discusses Quantum Computing Stocks Among These 12 Stocks

8. Honeywell International Inc. (NASDAQ:HON)

Number of Hedge Fund Holders in Q1 2025: 75

Honeywell International Inc. (NASDAQ:HON) is one of the largest industrial conglomerates in America. Its shares are flat year-to-date after having experienced a massive 15% post-Liberation Day dip in April and a 7.6% fall in January. However, since the April dip, Honeywell International Inc. (NASDAQ:HON)’s stock has gained 24%. 2025 has been full of news for the firm, with one notable development occurring in May after activist investor Elliot Management managed to secure a seat on the firm’s board. However, Cramer’s remarks about Honeywell International Inc. (NASDAQ:HON) focused on the firm’s quantum computing business. Here’s what he said:

“I mean, Honeywell’s been very honest and said listen, we’re not ready.”

The CNBC TV host discussed Honeywell International Inc. (NASDAQ:HON) in the context of NVIDIA CEO Jensen Huang injecting fresh life into quantum computing stocks after commenting that a breakthrough could be possible. Cramer’s earlier remarks about the firm expressed confidence in its management:

“Jeff and I talked about this endlessly. 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 Honeybell even at these levels. Yes, I like it that much. It was down 8% last week. That’s nutty.”