Jim Cramer - Mad MoneySolstice Advanced MaterialsSOLSBUYMay 06, 2026
It spun off from Honeywell last October. Today, it reported a slight sales and adjusted earnings beats, though net income slightly missed and did not raise its full-year forecast. Shares are up 64% this year. Electronic materials, nuclear and refrigerants are all up. It's the only nuclear stock that makes money.
It has an alternative services business, specializing in nuclear; it's the only American company that prepares uranium for enrichment to be used as fuel. The order backlog is up, driven by data centre demand. A profitable company that makes money in nuclear energy.
He sold it. This was spun off from Honeywell. He doesn't want the materials business from Honeywell, but rather the aerospace. He owns Honeywell and received shares of Solstice when it spun off.
It spun off from Honeywell last October. Today, it reported a slight sales and adjusted earnings beats, though net income slightly missed and did not raise its full-year forecast. Shares are up 64% this year. Electronic materials, nuclear and refrigerants are all up. It's the only nuclear stock that makes money.