Jim Cramer recently discussed 14 stocks, including Honeywell International Inc. (HON), as he went “all in” on quantum computing. HON is one of America’s largest industrial conglomerates, with shares remaining flat year-to-date despite a 6% dip in July after earnings. Despite beating sales and EPS estimates, investors were hoping for stronger earnings performance to drive guidance raise. Cramer remains bullish on HON, stating it’s an overreaction to the weaker automation division. He advises buying the stock, emphasizing its long-term potential. While HON shows promise, some AI stocks may offer higher returns with limited downside risk.

Read more at 1. Tesla’s stock price jumped 7% after announcing record profits in the second quarter of 2021. The electric car company reported a net income of $1.14 billion, up 10x from last year. – CNBC

2. The Federal Reserve kept interest rates near zero and signaled potential tapering of bond purchases later this year. The decision is in response to rising inflation and economic recovery. – Wall Street Journal

3. Amazon reported a 27% increase in revenue for the second quarter, reaching $113.08 billion. Despite the gains, the company’s stock price fell due to lower-than-expected earnings. – Reuters

4. Facebook’s parent company, Meta, missed revenue expectations for the second quarter, causing a 4% drop in stock price. The social media giant reported $29.01 billion in revenue, falling short of estimates. – CBS MarketWatch: “I Think You Buy” It, Says Jim Cramer