Jim Cramer Discusses Honeywell (HON)’s Spinoffs

Core Viewpoint - Honeywell International Inc. (NASDAQ:HON) is highlighted as a significant stock on Jim Cramer's radar, with recent upgrades and discussions surrounding its spinoffs and future potential [1][2][3]. Group 1: Stock Performance and Analyst Ratings - Honeywell's shares have increased by 2.7% over the past year and 11% year-to-date [2]. - JPMorgan upgraded Honeywell's shares to Overweight from Neutral, raising the price target from $218 to $255 [2]. - Mizuho reduced its price target for Honeywell from $250 to $240 while maintaining an Outperform rating [2]. Group 2: Spinoffs and Future Outlook - Honeywell is undergoing spinoffs, including a notable one related to quantum computing, which is generating excitement [3]. - JPMorgan noted that the spinoffs could create an unclear earnings picture for 2026, but this uncertainty may present investment opportunities [2]. - Cramer emphasized the ongoing spinoff process and the market's perception that it is taking longer than expected [3].