Reported 1 day ago
Jim Cramer recently endorsed Honeywell International Inc. (HON) as a strong buy following the company's earnings report, which showed higher sales and earnings per share than expected. Despite a recent dip in stock price after the announcement, Cramer believes the decline is an overreaction to the company's split into three separate businesses and maintains that Honeywell remains a solid investment. He suggests that the stock tends to recover after initial sell-offs, providing a buying opportunity.
Source: YAHOO