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Jim Cramer: Buy Costco, Wait for a Pullback in Honeywell

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Honeywell (HON - Get Report) CEO Dave Cote has done a "remarkable job" and the "world is going their way," TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said while answering viewer questions from the floor of the New York Stock Exchange Thursday.

Cramer explained that Honeywell's business in China is doing well and Europe is starting to improve too. So should investors buy it ahead of earnings? Wait for a pullback instead, he suggested.

As for Danaher (DHR - Get Report) , Cramer said it's a "good" stock, but he thinks Illinois Tool Works (ITW - Get Report) is the best in the industry right now.

Another leader is Action Alerts PLUS holding Costco Wholesale (COST...


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