Jim Cramer Thinks Honeywell’s Breakup Could Pay Off

Honeywell International Inc. (NASDAQ:HON) is one of the stocks in Jim Cramer’s game plan for this week. During the episode, Cramer discussed the company’s spin-off plans, as he remarked:

“Runner up, though, will be, well, it looks like a sleeper right now, Solstice, the Solstice analyst meeting. Solstice is Honeywell’s advanced materials spinoff, which is now getting zero credit… The breakup that Honeywell’s having will end up giving you a pure play aerospace company, which this market craves, as well as a building automation company that has some of the best technology and yet is unheralded… The Solstice is happening earlier.

Pixabay/Public Domain

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

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

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