Honeywell completes a big acquisition. But it's not enough to bolster the lagging stock

Honeywell International completing its $4.95 billion acquisition of Carrier 's security business exemplifies how the disparate industrial conglomerate must lean into core businesses. It's not enough. "More and more people will realize that this was a good acquisition," Jim Cramer said Monday. But it's how to value Honeywell without the dead weight that must be addressed.

Honeywell International Inc. signage is displayed on a monitor on the floor of the New York Stock Exchange in New York.

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