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Yahoo
24-05-2025
- Business
- Yahoo
Was Jim Cramer Right About Honeywell International Inc. (HON)?
We recently published a list of . In this article, we are going to take a look at where Honeywell International Inc. (NASDAQ:HON) stands against other stocks that Jim Cramer discusses. Back in 2024, on May 15, Mad Money's Jim Cramer discussed Honeywell International Inc. (NASDAQ:HON) with deep frustration, calling for a breakup to unlock value after ongoing underperformance. 'I'm talking about a company I used to like a lot — I own it for the Charitable Trust — it's been a disappointer and it's called Honeywell. We've been patient — my patience is being tried. It's a consistent underperformer over this period by a significant margin. […] I think they should consider breaking it up, given how well it's worked for United Technologies and GE. The modern Honeywell is just an amalgamation of completely unrelated businesses that have no theme whatsoever. […] At this point, I don't see what Honeywell gets from keeping them under the same roof. […] I've not been happy this year with companies that have not made my trust money. […] Wall Street loves smaller bite-sized companies that are easier to value. The proof is in.' His frustration proved valid, as the stock delivered just 7.87%, lagging badly despite a strong market. A shot of a commercial plane with a blur of color in the background, representing the production of auxiliary power units in the Safety and Productivity Solutions segment. Honeywell International Inc. (NASDAQ:HON) is stuck in a strategic identity crisis as its diverse industrial units fail to deliver consistent upside. During a recent CNBC program, Cramer admitted that he's now looking to buy back some of the company's stock. Here's what he said in February this year: 'But this is the quarter you have to buy because you're finally getting the three pieces. The aerospace business is fantastic. This chemicals business is of course a little bit better than the GDP. And then you have this automation business which has been a disappointment. Overall, HON ranks 7th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of HON as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than HON and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Independent Singapore
23-05-2025
- Independent Singapore
Ex-SG women's basketball coach confirms death of wife who disappeared in Japan in 2023
SINGAPORE: Kirk Murad, a former Head Coach of the Singapore Women's Basketball Team, confirmed in a recent social media post the death of his wife, Patricia 'Pattie' Wu-Murad, more than two years after she had gone missing while on a hike in Japan. The 60-year-old Ms Wu-Murad was last seen on Apr 10, 2023, at the Mandokoro guesthouse in Totsukawa, a village around 110 kilometres southeast of Osaka, Japan. She had planned to hike an ancient pilgrimage route called the Kumano Kodo trail. Mr Murad coached basketball in Singapore from 2014 to 2017. Ms Wu-Murad also worked in Singapore. Beginning in 2013, she was the manager for International Trade Compliance for United Technologies Aerospace Systems. In an Apr 10 Facebook post, Mr Murad wrote that his wife had moved their family to Singapore twice because of her work: 'And in doing so gave me the gift of coaching at the highest level.' On May 17, he wrote that despite extensive search efforts involving both Japanese and American search and rescue professionals, as well as law enforcement and other officials, 'No trace of Pattie was found in the months following her disappearance.' Last September, however, Ms Wu-Murad's backpack and one of her hiking shoes were found near a stream closer to a different trail from where her family originally believed she had been hiking. Afterwards, the Japanese police searched the area for several days, although nothing more was found. Late last month, a member of the original US search team in Japan returned to the area near where the backpack had been found and discovered more of Ms Wu-Murad's personal items, as well as what they believed to be a femur. After the bone was tested, Ms Wu-Murad's family was told that it was a match through comparison with her daughter's DNA. 'Although we had tried to prepare ourselves for this outcome, the finality of this news is heartbreaking. It offers a measure of closure, but many questions remain unanswered, including the exact circumstances and cause of Pattie's death. We now begin the process of working through international protocols to bring her remains home,' added Mr Murad, who also thanked everyone who aided and supported the family both in the US and Japan. 'Pattie was an incredible woman whose love and friendship touched many lives. While we are devastated, we are also humbled by the global community that rallied to help find her. We will continue to honour her memory with love and gratitude in our hearts. With love and thanks, Kirk, Rachel, Murphy, and Bryce,' he wrote. /TISG Read also: Mizuki Itagaki, 24, found dead after missing for months
