one honeywell focus where we brought the three cultures together. and everything we've done on our five initiatives, growth, productivity, cash, people, our enablers, we're growing with a lot of new products. we had an empty product pipeline ten years ago. now we've got hundreds of new products coming out all the time. and some really pretty spiffy stuff. the technologies that our guys were able to come up with is pretty impressive. >> like what? >> everything we're doing with air traffic management, just being able to see weather radar, for example. you're used to seeing the radar look. we actually have a 3-d pictorial now. you can actually get a sense of the entire cell. some of the stuff that we were able to do with refineries, where you'll be able to go directly from natural gas to producing plastics. the electric taxi that we came up in aerospace, instead of having to use the jet engine to propel the plane on the ground and use up a lot of gas, you'll be able to do it electrically with a very small engine. >> technology enabling so much in your

joe and insert here, let's go to honeywell. let's put a diversified manufacturer. honeywell is a terrific situation, even though it's right off the 52 -- two points off the high. john in california. john. >> caller: jim, booyah from the stock club in sacramento, california. i loved your seventh anniversary show yesterday. >> i was at the intersection with my car but i love sacramento. >> caller: okay. at&t, cirrus logic, emerson electric, phillip morris and raytheon. >> i thought the people in sacramento had horse sense. this confirms it. phillip morris, raytheon, i like it. cirrus logic makes the sound that comes out of your computer. at&t, 5%er, and emerson, high yielding industrial and telco. a defense and a tobacco. bingo, well played. sacramento is a beautiful city. stay with cramer. here's a chance to create jobs in america. oil sands projects, like kearl, and the keystone pipeline will provide secure and reliable energy to the united states. over the coming years, projects like these could create more than half a million jobs in the us alone. from the canadi

joe and insert here let's go to honeywell. let's put a diverse feed manufacturer.ll is a terrific situation, even though it's right off the 52 -- two puts on three high. john in california. john. >> caller: jim, booyah from the stock club in sacramento, california. i love your seventh anniversary show yesterday. >> i was at the intersection with my car but i love sacramento. >> caller: okay. at&t, sirus logic, emerson electric, phillip morris and raytheon. >> i thought the people in sacramento had horse sense. this confirms it. phillip morris, raytheon, i like it. at&t, 5%er, and emerson, high yielding industrial and teleco. a defense and a tobacco. bingo, well played. sacramento is a beautiful city. stay with cramer. [ nadine ] buzzzz, bzzzz, bzzzz, bzzzz, you know, typical alarm clock. i am so glad to get rid of it. just to be able to wake up in the morning on your own. that's a big accomplishment to me. i don't know how much money i need. but i know that whatever i have that's what i'm going to live within. ♪ ♪ >>> hold -- slow and steady will win the after mark

honeywell, dave cote narrowed the yield. very good. right here a really big read.care, the other fellow mentioned new york community bank. i don't think i mention helgt enough. that's a terrific reit. we have diversified. a limited partnership and a health care reit. and i got to tell you, that is diversified with good yield and growth. that's what i want to see. congratulations to all our contestants for just blanking the bank and doing it so well. stay with cramer. choose control. introducing gold choice. the freedom you can only get from hertz to keep the car you reserved or simply choose another. and it's free. ya know, for whoever you are that day. it's just another way you'll be traveling at the speed of hertz. i had a print out of how many hours i have actually put in over my career. and it's 168,000 hours. so just think, if you had an 8-hour job, i'm like a man of 100 and something years old. i've worked very hard to support my family. and i finally reached that point where i'm going to retire. ♪ ♪ >>> i've been waiting for this for a long time. this is goi

honeywell. dave cote narrowed the range. very good yield. right here a really big yield.. the other fellow mentioned new york community bank. i don't think i mention health care enough. that's a terrific reit. we have diversified industrial. a limited partnership and a health care reit. and i got to tell you, that is diversified with good yield and growth. that's what i want to see. congratulations to all our contestants for just breaking the bank and doing it so well. stay with cramer. [ technician ] are you busy? management just sent over these new technical manuals. they need you to translate them into portuguese. by tomorrow. [ male announcer ] ducati knows it's better for xerox to manage their global publications. so they can focus on building amazing bikes. with xerox, you're ready for real business. ask me. [ male announcer ] if you think even the best bed can only lie there... ask me what it's like when my tempur-pedic moves. [ male announcer ] ...talk to someone who owns an adjustable version of the most highly recommended bed in america. ask me about my tempur a

you might want to buy some honeywell going into the meeting. thursday we hear from one of -- this is one of these ones that i just -- i can't get it off my radar screen. it's called ulta salons. we've talked about it. ulta. this fast grower has been a total home run. we got behind it in october. this beauty retailer has been putting up new stores left and right. you know we like growth. while still managing to deliver double digit same store sales for six straight quarters. the stores are doing better year after year. last time they reported the stock soared 15%. i think there's another good quarter lurking. after the close thursday there's heckman. let's get fill sofic here because i read jim cramer twitter. a lot of people mad at me about that. people have given up on the waste water processing plant that's heavily involved in drulg for oil and gas. they act as if it's finished because of the plummeting price of natural gas and the sierra club deciding that we're not going to have fraking -- oh, the president. i think the country is going to

maximize their income so the whole focus is on short run profits for corporations and you know the that honeywell thing. once the united states government let goldman sachs i have the position limits and speculation removed that out investment banks and hedge funds can dominate commodity markets and drive the price where they want it because speculators can now control these markets so this is all comes back to this stupid policy of deregulation and it was all for you know like short term effects that the politicians to get campaign contributions for the next election and the c.e.o. gets his bonus for that year it's multi-millions so the whole thing works for a very few people for the short run only and while we're on that issue of the bankers are great i've called them sacks of speculation and regulation and i want to play another sound bite of george carlin the comedian and we heard from earlier on maybe i bet it's not politicians that are down but the public and there's a but we couldn't resist playing what he said about bankers let's take a lesson. i'm going to start executing a few of these

s&p off by 1.5. >> our guest host, ceo of honeywell, long time guest host, great to have you larry.ing about these discussions we had all week and i wonder if you weigh in the same way and that is there's one camp of people that look at the acrimony and stalemate in washington and they are disgusted because we're not doing anything and why can't we do bowles-simpson. you're in that camp. i can almost see this was set up in the last, you know, there was bush and iraq, people got mad about that. people elect obama and he does obamacare. the tea party comes in in 2010 and these 90 guys were elected to come in and not do anything in terms of spending. so this should all be expected -- should we be looking at this cynically or is this the way it works and we have to settle this in november? >> think all of the above. you should look at it cynically and you should have expected it would have happened. if you had one encouraging notion to the american voters regardless of your political persuasion it would be is that elect people willing to collaborate, willing to act in the best interest

but is honeywell reacting well to that narrowing in the range? no. don't have earnings and we have gasoline going higher, these are things that worry me. they worry me. let's shift to bonds and the dollar. rick santelli is at the cme group. rick, how are you? >> hey, welcome back. as i watch the dollar index, if you consider where the dollar index has been sense december 31st, we're roughly right in the middle of the 2012 range. many articles written about how the dollar isn't necessarily its weakness associated with what's going on in commodities. and we know why. you just heard the gang talking about it. a lot of this has to do with china. in many of the issues regarding commodities in china, might be more into things like certain metals whether it's copper or some of the metals used in batteries like lithium. however, the things that we use every hour every day, every week, every month, like energy, might be off on their own little tangent. and indeed the fed might have to make some adjustments to what level of certain commodity inflation it's wil

>> we're looking at names like honeywell and boeing to add to the portfolios because they're kind ofe unloved camp at this point. i don't know why, but it doesn't matter. we're looking three to five years out. and we think that there's some good value there. >> when you talk about boeing, the first thing that comes to my mind is jet fuel prices. why do you feel that this is not going to push this stock down even further? >> well, i think that companies that fly these planes are extremely concerned about jet fuel prices. and the promise that the 787 holds is that you can go the same distance with 25% less fuel. and i think that pretty much sells the plane right there. >> okay. so on the flip side of all of that, what have you sold recently, kim? >> well, we've sold some names that have gotten a little too big in the portfolio. i believe we've sold some ca. >> uh-huh. >> kind of jumped up that had a really nice run. and some other tech names. but we still like tech overall. i have to emphasize that. when a stock gets too big and by our definition it's 5%, we just feel uncomfortable own

. >> tomorrow our guest host former honeywell chairman and ceo and tech investment from netscape to facebooked interview with venture capitalist mark andriessen at 6:00 a.m. eastern tomorrow. today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. so i used my citi thank you card to pick up some accessories. a new belt. some nylons. and what girl wouldn't need new shoes? we talked about getting a diamond. but with all the thank you points i've been earning... ♪ ...i flew us to the rock i really had in mind. ♪ [ male announcer ] the citi thank you card. earn points you can use for travel on any airline, with no blackout dates. [ translated into spanish ] >>> "squawk box" the liesman edition. >> das, that's the only thing i know. i'm becky quick along with andrew ross sorkin and

he has spent his career at ge and allied, which is now honeywell. he spent many years said shell -- at shell. he wrote the book "why we hate the oil companies." good morning from portland, oregon. thank you for waiting. caller: what i am curious about is why is he not talking about the way oil is marketed? i think he is missing the heart of the situation because no matter how much oil we drill here in america, and how great our oil resources are, if we are going to pipe it up and put it on the world market and let countries like china and russia bid on it, then we have to bid on our -- on the inflated prices of our own oil and pay for the competition that russia and china bring to the table. what difference would it make as to how much oil you have and how you throw it? also, he is not mentioning that most of the these natural resources -- most of these natural resources live on the property of we the people of the united states of america. host: thank you for the call from oregon. guest: interesting question being raised here. the reality and globa

look at dave cody's numbers in honeywell. say, you know what? it's better than what he's saying.e. he continues to blow away the numbers. you see the caterpillar guy, he's very good. what he is saying is look at the numbers. not happy days are here again. >> or maybe read immelt's shareholder level where he says we are in a new era of shareholder volatility. >> ge sells a lot to china. say the president goes harder than just rare earth materials and says we are tired of your steel. do they quote ge and say other guys build nuclear powers? there is a tight rope here. >> there is. i come back to m&a a lot. there is a real sign of confidence. we have yet to see it. what i'm hearing from the bankers is not overly positive either. deals that have not made it to the finish line because prices have run up a great deal. that speaks to confidence. >> we had richard kinder. i think he is great, kinder morgan. there are stories about goldman sachs being on two sides of that deal. does that story have any impact on board directors? does this article in the op-ed, where does someone say i've

they're looking at honeywell doing things well. cooper. just different environment. we're cheap.>> you don't say kra-merica? >> modesty now? >> i'm thrilled to do it and i thank you. >> investing. >> thank you for saying that. that's a "mad money" term. i think i need to get the paperback edition of your book. >> thank you. that was good one, jim. >> very nice. we'll see you in a few minutes. >> all right. when we come back, we have final thoughts from the guest host today, florida governor scott. more than 150 million professionals are connecting here. linkedin connects with the big board. i bathed it in miracles. director: [ sighs ] cut! sorry to interrupt. when's the show? well, if we don't find an audience, all we'll ever do is rehearse. maybe you should try every door direct mail. just select the zip codes where you want your message to be seen, print it yourself, or we'll help you find a local partner and you find the customers that matter most. brilliant. clifton, show us overjoyed. no, too much. jennessa. ah! a round of applause. [ applause ] [ male announcer ] go online

it's a team built out of folks with experience in honeywell and allied signal and a lot of other large're combining the best, so a lot of the tyco people are coming over and it's going to be a great combination. plus they are businesses we understand. they are businesses that fit together well. so, we're quite excited. >> and i heard some chatter this morning that there had been perhaps a higher multiple according to your stock because of perceived growth in the residential particularly rental area where i know you're selling some of your product. that will become a smaller component of the overall. "a," is that true, and, "b," if it is, will you see perhaps less growth and therefore a lower multiple for the combined company? >> we think we're going to see higher growth. in our water business, residential was the single largest segment, but as you know residential's has been a brutal marketplace. we're performing well, despite the fact that 30% of our sales were residential performed very, very well express our peers. tyco flow is hitting a nice point in the cycle, they are a later cyc

a lot of companies have jumped in, siemens, honeywell, sears, the travel industry, members of that asand gaining the benefits. it is a moral imperative i think to bring our soldiers home and give them a job. >> i think everybody gets that. but i have heard recently, we have to be constantly reminded of this, it's more complicated than it appears, because a lot of times, for example, the teamsters have done a great job of taking men who are qualified, mostly men, to drive the big trucks in the military. they have got a special kind of license. we recognize that in civil society. but as soon as they leave the military, they lose that license. and it doesn't carry over into their civilian life. so they have got to go reapply, they have to get relicensed, they've got to rent a truck to pass the test. teamsters have moved in to say we're going to help you with that and give you the training program. it's that kind of complication. the pieces don't always fit together when you come out of the military culture into the civil society. the other thing is, and general mcchrystal and i have talk

in this case lockheed martin and honeywell, all of whom in my view or totally focused on providing the key people we needed an assets we needed to get to the bottom of the problem. we also took the results of a ground test that they had run. his recommendations for dynamic airborne tests because some of the things that were occurring in the aircraft in the incidents happened in the air could not be repeated on the ground. during what i would say is very extensive challenge tests to the life-support system and particularly the on board generation system, they believe that they needed to instrument and f-22 and get it into the air to determine whether we could find repeats of some of the incidents that had occurred and help us get the root cause. we took their basic results and their recommendations for the flight tests, worked for those and established a flight test series of not only profiles' but protocols for measuring a system. if you receive the picture, over 40 censer installations on that airplane to try to understand the process of producing oxygen for the pilot. as a result of