Jim Cramer Identifies Potential Winner Following Honeywell Aerospace Split
Honeywell has completed its spin-off into three separate public businesses, and Jim Cramer sees long-term potential in the newly formed entities. He draws a comparison to General Electric's multiyear breakup strategy, suggesting that these focused companies may eventually outperform their former conglomerate parent as investors recognize individual value over time. Honeywell Aerospace (HONA) began trading separately on June 29 after being spun off from Honeywell International. The remaining automation business became Honeywell Technologies under the HON ticker and executed a reverse stock split, reducing shares outstanding to 317 million. Solstice Advanced Materials (SOLS), another spin-off unit, started as an independent company in October 2025. Honeywell Technologies reported Q2 sales of $5.2 billion with strong order growth across its segments and raised full-year guidance for revenue and adjusted earnings per share. Cramer emphasizes the importance of evaluating each business independently based on their distinct strategies, financial flexibility, and long-term growth potential.
Topics: Honeywell split investment strategy stock structure changes