This article outlines recent trades made by Jim Cramer's Charitable Trust portfolio, including selling positions in Nvidia, Advanced Micro Devices, and Apple. The article explains the rationale behind each trade, emphasizing the importance of discipline in investing.
It's been a busy month with all the holidays and the new year. Here's a cheat sheet to catch up all the trades we made for Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club, during December and early January. We're going to start with the most recent first. Jan. 2, 2025 Sold 250 shares of Nvidia Trust owns 1,050 shares of NVDA Portfolio weighting: 4.25%, as of Jan.
3, 2025 Rating: 2 Price target: $165 Trade Alert excerpt 'We're kicking off the new year by rightsizing our position in Nvidia, locking in a huge gain of about 975% on stock purchased in March 2021. As with our Apple trim last week, this sale doesn't reflect any change in our longstanding view about Nvidia and the artificial intelligence giant's status as an 'own it, don't trade it' stock. However, discipline always trumps conviction.' Dec. 31, 2024 Exited Advanced Micro Devices Trade Alert excerpt ', we downgraded AMD to our 3 rating — meaning sell into strength — and cut our position in half on competitive concerns from custom artificial intelligence chips. While we previously thought AMD's AI graphics processing unit (GPU) roadmap would be competitive and win business from all the major hyperscalers, our view changed after listening to the recent earnings call from Broadcom CEO Hock Tan and Marvell Technology CEO Matt Murphy on 'Mad Money.' ' Dec. 26, 2024 Sold 55 shares of Apple Trust owns 800 shares of AAPL Portfolio weighting: 5.49%, as of Jan. 3, 2025 Rating: 2 Price target: $280 Trade Alert excerpt 'First off, we haven't changed our view on Apple and continue to believe that the stock should be owned for the long term, not traded. But with shares now exceeding a 6% weighting in our portfolio, we are reminded that discipline trumps conviction – an important part of our modus operandi that we actually started off discussing . It's fitting that we should close out a great 2024 with exactly that in mind.' De
JIM CRAMER CHARITABLE TRUST PORTFOLIO TRADES NVIDIA AMD APPLE DISCIPLINE INVESTMENT STRATEGY
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jim Cramer's Charitable Trust: 2025 Outlook for 35 HoldingsCNBC's Jim Cramer provides a rapid-fire update on the 35 holdings in his Charitable Trust portfolio, focusing on their prospects for 2025. He highlights key companies like Apple, Abbott Laboratories, Advanced Micro Devices, Amazon, and Broadcom, discussing their potential for growth and outlining his investment strategy for the year ahead.
Read more »
Cramer's Charitable Trust Buys Home Depot and BlackRock on Oversold MarketJim Cramer's Charitable Trust is buying Home Depot and BlackRock, citing an oversold market and the potential for these quality companies to rebound.
Read more »
As bitcoin reaches new heights, Jim Cramer says not to forget about stocksBitcoin crossed the $100,000 threshold Wednesday, reaching new heights as President-elect Donald Trump prepares to take office.
Read more »
Take profits on hot IPOs and ‘remain grounded' as market soars, Jim Cramer saysCNBC’s Jim Cramer told investors not to get greedy and instead take profits in stocks that have run up substantially, including recent IPOs.
Read more »
Jim Cramer Urges Investors to Lock in IPO ProfitsCNBC's Jim Cramer advises investors to capitalize on their gains from recent IPOs, suggesting selling portions of their positions to secure profits. He notes the difficulty in justifying current high valuations amid a dearth of new company listings.
Read more »
Jim Cramer's top 10 things to watch in the stock market FridayThe November jobs report came in slightly above expectations.
Read more »