The creator is long Realy Income (O) and previously mentioned its underperforming spin-off.
Source Post
A Dividend Stock I'm Buying (That May Generate Large Total Returns)
ppcianMay 30, 2026
The creator discusses buying Honeywell, a company undergoing a three-way split and IPO of its quantum computing division. They draw parallels to the successful breakup of United Technologies (UTX) into RTX, Otis, and Carrier, noting that most of their investment gains came after that split. The creator believes Honeywell's restructuring will unlock significant shareholder value.
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The creator holds a long position in Carrier (CAR) as part of their dividend stock portfolio.
The creator mentions that the spin-off of Orion (ONL) by Realy Income did not perform as expected.
The creator compares Honeywell's current situation to Alphabet (GOOGL) in 2025, where the market didn't fully value its future contributions, suggesting a similar undervaluation for Honeywell.
IBM's share price has been skyrocketing due to government agreements related to quantum computing.
The creator previously sold 3M to raise capital for a real estate transaction, and while they wish the company well, they do not plan to buy it back at this time.
Carrier (Carrier) has delivered exceptional post-spin-off performance with 257% unrealized capital appreciation and a 5.4% yield on cost.
The creator holds RTX, one of the companies spun off from United Technologies, and considers it part of a significant portfolio holding.
The creator is buying Honeywell due to its upcoming three-way split and IPO, expecting significant value unlock similar to the United Technologies breakup.