I'm Jim Kramer and you're about to hear a sample taken directly from today's

CBC Investing Club morning meeting.

So we did have a portfolio action today.

Exited, Procter & Gamble took a nice gain there.

Stocks up about 14% this year plus some dividends.

We did sell, yeah.

We've trimmed higher.

Yeah.

And we've been debating for weeks, you know, what do we do with the rest of Proctor?

And ultimately we decided to sell because it does trade out a premium to the S&P.

It's a very defensive, low growth name.

But as the Fed cuts rates, had a really good job number last week, too, that just looking for more, better growth opportunities. Right. And that's why I'm heavily focused on the financials. Come up this week. You know, I'm looking at BlackRock. Looking at Blackstone. They report later this week BlackRock. I also feel that we're now getting to the point where a consolation, if it's really an economic play and the Fed cutting rates, you want to be there. Yeah. And I have to tell you, I would buy Honeywell if the stock were unchanged here. Honestly. Yeah, look, I agree with you with the Honeywell spin. Really good news today. They are spinning off their advanced materials business. Tax-free spin-off by the end of 25 or early 2026. Could be worth $10 billion, according to the journal. That's versus Honeywell's

market cap of around $130 billion. The on-wee here is incredible, Jeff. There's just on-wee.

Yeah. So this is all part of their strategy. They want you align the core business around

automation, the future of aviation, sustainable energy, the energy transition. By the way, that's that area. Look at the stock of carrier. Look how carrier's done. Because that's what they're doing. Look at train. That's what Honeywell wants. And you've got to, I got to tell you, carrier just did nothing for a long time. Now, they did by that carrier division. Yeah. But I think that I've been critical these guys because I said, where's the spin? Where's the, well, when they give you the spin, the breakup, you can't then say, uh, uh, too late. This is a good situation. And we've down 2% for the year. This is what people should be bought. Yeah. And we've seen a lot of success with conglomerate breakups, obviously GE was a big one.

3M is rallied with the splitting off of Solventum.

So this advanced materials business, it does have really strong margins, better than peers.

So you could expect the company to trade out a premium.

And then the parent company, it improves the organic growth profile,

it's neutral on margins, reduces some cyclicality. So I think there's an argument to be made that

the, you know, quote unquote, new Honeywell could trade out a premium to where it is today. They also

said on the call today, third quarter earnings per share

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