"More and more people will realize that this [Global Access Solutions] was a good acquisition," Jim Cramer said Monday.
To revive its lagging stock, management must also figure out which businesses are better on their own — kind of like the split announced last month by fellow Club stock DuPont .
Honeywell stock has dropped 4.6% year-to-date.
Smaller units have struggled like Building Automation, where management hopes to get a lift from Global Access Solutions.
The Global Access Solutions deal, which was his biggest move to date, closed in the month of his first anniversary as chief exec.
Persons:
Carrier, Jim Cramer, RTX, Jim, Vimal Kapur, Jim Cramer's, Michael Nagle
Organizations:
Honeywell, Club, DuPont, Solutions, Wall Street, Honeywell's Aerospace Technologies, DD, CNBC, Honeywell International Inc, New York Stock Exchange, Bloomberg, Getty
Locations:
New York