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Immediately after the opening bell, you sell 70 shares of DuPont (DD) for approximately $76.69 and 50 shares of TJX Companies (TJX) for approximately $91.71. After Monday’s trading, the Jim Cramer Charitable Trust will own 800 shares of DD, reducing its weight from 2.21% to 2.03%, and 750 shares of TJX, reducing its weight from 2.43% to 2.28%. Concerns remain that the recent Fed-led bull market is moving too quickly, so we did some more small selling on Monday morning to generate a little extra cash. We are procuring. Parabolic market movements based on overly optimistic expectations for interest rate cuts will cause us to patiently wait for prices to fall before deploying the substantial cash positions we have built. Last week, we took a look at some tech stocks that are poised to make big gains in 2023. DD 1Y Mountain DuPont 1 Year For DuPont, we still believe the thesis centered around the ongoing recovery in the semiconductor and electronics industry has bottomed out. As demand for these products recovers and inventory clearance headwinds subside, DuPont’s earnings should increase significantly due to higher volumes and margins. This gives us a positive view on DuPont in the long term, but we’re making some adjustments on Monday in case China’s downturn pushes the recovery timeline back by another quarter. That’s the theme that led to management pulling back in November. Since that weak outlook, the stock has risen about 15%, so we downgrade our rating to a ‘2’, but will become bullish again as confidence grows that China headwinds are behind DuPont. TJX 1Y Mountain TJX Company 1 Year off-price retailer TJ I think there are more. Other companies in the retail industry. Additionally, market share is expected to continue to grow due to conscious consumers seeking quality products at reasonable prices. However, since the stock price has risen to an all-time high and we do not want to return this profit, we will sell a small amount and lower the rating to 2. The DuPont sale would result in a small loss of about 2% on stocks purchased in August 2023, while TJX would result in a larger gain of about 42% on stocks purchased in August 2022 . (Jim Cramer Charitable Trust is long) DD. TJX. See here for a complete list of stocks. ) As a subscriber to Jim Cramer’s CNBC Investment Club, you will receive trade alerts before Jim makes a trade. After Jim sends a trade alert, he waits 45 minutes before buying or selling stocks in a charitable trust’s portfolio. If Jim talks about a stock on his CNBC TV, he will wait 72 hours before executing the trade after issuing a trade alert. The above investment club information is subject to our Terms of Use and Privacy Policy, as well as our disclaimer. No fiduciary duties or obligations exist or arise from your receipt of information provided in connection with the Investment Club. No specific results or benefits are guaranteed.
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