Honeywell rallies 7% on earnings beat — our plan heading into next week's spin-off

Core Insights - The market is experiencing a rotation from speculative stocks to companies with strong fundamentals, as consumer staples, healthcare, and tech sectors outperform [1] - Honeywell's stock rose 7% following a strong quarterly earnings report, with organic revenue and adjusted earnings per share exceeding guidance [1] - GE Vernova is recovering after a significant drop, with positive sentiment around its nuclear franchise and CEO's engagement with OpenAI [1] Company Summaries - Honeywell: The company reported strong quarterly earnings, with all key metrics meeting or exceeding the higher end of its guidance. The upcoming spin-off of its advanced materials business, Solstice, is expected to reveal more value [1] - GE Vernova: After a decline of over 10%, the stock is rebounding, driven by positive perceptions of its nuclear business and strategic connections being made by its CEO with major tech players [1] Stock Coverage - Stocks mentioned in the rapid-fire segment include Tesla Inc., Lam Research, IBM, United Rentals, and American Airlines, indicating a broad interest in various sectors [1]