Jim Cramer Says Honeywell Is a Better Story Than General Electric Right Now

Jim Cramer says he's disappointed by General Electric's quarter and notes Honeywell looks better right now.
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General Electric's (GE) - Get Report  quarter was challenging, and Jim Cramer says he's disappointed by the results. GE is a holding in the Action Alerts PLUS portfolio that Cramer manages. Cramer says GE is "a wait until next year situation." Cramer says Honeywell (HON) - Get Report  is a better story right now. Honeywell's quarterly earnings and revenue beat Wall Street estimates, while General Electric lowered its full-year revenue growth target. GE's revenue was lighter than expected in the quarter due to weakness in its oil and gas business.