CNBC Investing Club

Cramer's Investing Club: We are buying more of this industrial holding because the shares are cheap

Honeywell International Inc. signage is displayed on a monitor on the floor of the New York Stock Exchange (NYSE) in New York.
Michael Nagle | Bloomberg | Getty Images

(This article was sent first to members of the CNBC Investing Club with Jim Cramer. To get the real-time updates in your inbox, subscribe here.)

After you receive this alert, we will be buying 50 shares of Honeywell (HON) at roughly $200.54. Following the trade, the Charitable Trust will own 550 shares of Honeywell. This buy will increase HON's weight in the portfolio from about 2.42% to 2.65%. 

More In CNBC Investing Club Newsletter

Wells Fargo gets a major buy recommendation for many of the same reasons that we own the stock
CNBC Investing ClubWells Fargo gets a major buy recommendation for many of the same reasons that we own the stock
Energy stocks climb on reports of OPEC+ production cuts. Here's how we're responding
CNBC Investing ClubEnergy stocks climb on reports of OPEC+ production cuts. Here's how we're responding
3 takeaways from our daily meeting: Stocks jump, two trades and Club names in the news
CNBC Investing Club3 takeaways from our daily meeting: Stocks jump, two trades and Club names in the news