Reported 1 day ago
Jim Cramer recently expressed his strong support for Honeywell International Inc. (HON) amid its anticipated breakup, viewing it as a beneficial development for the company. Despite a 6% share price drop after its earnings report in July and a 6.8% decline year-to-date, Cramer remains optimistic, attributing cash flow issues to one business division. He believes the market's negative perception of Honeywell is unwarranted and encourages investment in the stock.
Source: YAHOO