Mad Money

Cramer: Honeywell Is a Survivor


As tough as this market is, there are still stocks worth buying. Like Honeywell , a diversified industrial company whose management was prepared for this recession. Chairman and CEO David Cote, who just yesterday reaffirmed Honeywell's 2009 guidance, said, "We started planning this stuff a while ago. This is not something we started in January." That's the kind of leadership Cramer likes.

There are a lot of other reasons to be bullish on HON as well. Watch Cramer's interview to see why he thinks this stock is a buy.

Honeywell CEO David Cote presents Cramer with a special fire chief's helmet. That's a real jet engine behind them.
Photo by Candy Cheng

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