CNBC personality Jim Cramer has turned his attention to Honeywell Aerospace (NYSE: HONA), calling it the most compelling buy among pure-play aerospace names right now.
Cramer posted the recommendation on X, formerly Twitter, drawing a direct comparison to two of the sector’s biggest recent movers.
His post read: “With Boeing and GE Aerospace taking off, it might be worth it to buy some HONA, which reversed after a very good run. All three are pure play aero, but HONA has the most upside imo.”
The call came on Monday, July 7, just days after Cramer had separately flagged AST SpaceMobile as a speculative two-year opportunity over the July 4 weekend.
Honeywell Aerospace only began trading as an independent company on June 29, 2026, following its spinoff from the broader Honeywell conglomerate.
The stock closed July 6 at $237.70, down 3.82% on the session, though shares edged higher in premarket trading after Cramer’s post, according to Yahoo Finance.
The company generated as much as $15 billion in annual revenue in 2024 from a balanced mix of commercial aviation and military defense contracts, according to company disclosures.
Honeywell Aerospace manufactures aircraft engines, avionics, auxiliary power units, and a wide range of aviation systems used across both commercial and defense platforms.
CEO Jim Currier noted in a recent CNBC report that HONA carries “record” backlog orders from both Airbus and Boeing, positioning the company at the center of the two largest commercial aircraft production ramps in the world.
The parent Honeywell reported a backlog approaching $38 billion at the start of 2026, with orders up 7% year over year, according to the Q1 2026 earnings release.
Cramer’s argument centers on a dynamic that spinoff investors frequently exploit, where newly separated companies trade below their fundamental value due to mechanical selling pressure from conglomerate shareholders who do not want sector-specific exposure.
That technical overhang tends to suppress freshly spun shares temporarily, and Cramer appears to be reading HONA’s recent pullback as precisely that kind of post-spinoff dip rather than a deterioration in business fundamentals.
Boeing (NYSE: BA) and GE Aerospace (NYSE: GE) have both performed strongly in 2026, driven by the same commercial aviation recovery and defense spending cycle that underpins the Honeywell Aerospace investment case.
Because HONA is newly independent, it has not yet built the kind of institutional ownership base that would typically support a pure-play aerospace valuation, creating potential for meaningful multiple re-rating as dedicated investors accumulate the stock.
Honeywell Aerospace is targeting 6% to 8% organic annual sales growth through 2030 and 9% annual earnings growth over the same period, according to a report by Seeking Alpha.
That growth profile, delivered with the margins of a tier-one aerospace supplier, is the type of financial story that typically commands a premium valuation once institutional ownership stabilizes and the spinoff discount fades.
