Jim Cramer endorses Honeywell Aerospace as a cleaner aerospace investment, citing 9% annual growth targets and Boeing’s struggles.
Jim Cramer recommended Honeywell Aerospace (HONA) as a preferred aerospace play, avoiding Boeing (BA) amid lingering concerns. BA trades near $216.95, below analysts’ $270 average price target.
Honeywell Technologies (HON) reported its fourth consecutive earnings beat at $2.45, surpassing the $2.32 consensus. The company reaffirmed full-year sales guidance of $38.8 billion to $39.8 billion. Cramer called Honeywell Aerospace’s 9% annual growth target through 2030 conservative.
Cramer disclosed holdings in both HONA and HON in his charitable trust, contrasting with Jefferies’ hold rating on the aerospace unit. The spinoff was completed on June 29, 2026.