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Jim Cramer Is Enthusiastic About Honeywell’s (HON) Quantum Spinoff
Yahoo Finance· 2026-01-31 16:55
Group 1 - Honeywell International Inc. (NASDAQ:HON) shares have increased by 7.9% year-to-date and 16% year-to-date [2] - JPMorgan has raised Honeywell's share price target to $255 from $218 and upgraded the rating to Overweight from Neutral, citing a valuation gap [2] - Jim Cramer has highlighted Honeywell's quantum computing division, Quantinuum, as a significant growth opportunity, believing it will be a leading player in the quantum space [3] Group 2 - Cramer emphasizes that Honeywell's recent performance indicates strong potential, particularly with the upcoming spinoff of Quantinuum, which the company owns 53% of [3] - The excitement surrounding quantum computing is expected to drive interest and investment in Quantinuum [3] - While Honeywell is seen as a promising investment, there is a belief that certain AI stocks may offer higher returns with lower risk [3]
Honeywell Rebounds Above Key Line On Q3 Beat, Outlook Amid Spinouts
Investors· 2025-10-23 13:43
Group 1 - Honeywell International reported a 9% increase in earnings to $2.82 per share adjusted, exceeding expectations [1] - Revenue for Honeywell climbed 7% to $10.4 billion, surpassing FactSet's forecast of $2.57 per share [1] - Honeywell's stock surged early Thursday, indicating a rebound above key moving averages [1] Group 2 - Quantum computing stocks, including Honeywell's Quantinuum, are experiencing a rally, with D-Wave hitting a record high amid a Tokyo conference [4] - Honeywell's investment in Quantinuum has contributed to the positive momentum in quantum computing stocks [4] - The warehouse automation trend is viewed positively for Honeywell and other related stocks [4]