Shortly after the opening bell, we will trim a handful of 2023 tech winners. We are selling: 40 shares of Apple at roughly $188.30 50 shares of Amazon at roughly $150.55 30 shares of Salesforce at roughly $265.45 55 shares of Alphabet at roughly $138.55 22 shares of Meta at roughly $349.99 20 shares of Microsoft at roughly $373.50 15 shares of Nvidia at roughly $491.97 And 25 shares of Palo Alto Networks at roughly $293.27 Following the trades, Jim Cramer’s Charitable Trust will own: 855 shares of Apple, decreasing its weighting in the portfolio to 5.39% from 5.62% 675 shares of Amazon, decreasing its weighting in the portfolio to 3.36% from 3.60% 220 shares of Salesforce, decreasing its weighting in the portfolio to 1.89% from 2.15% 645 shares of Alphabet, decreasing its weighting in the portfolio to 2.95% from 3.19% 323 shares of Meta, decreasing its weighting in the portfolio to 3.74% from 3.99% 210 shares of Microsoft, decreasing its weighting in the portfolio to 2.58% from 2.82% 130 shares of Nvidia, decreasing its weighting in the portfolio to 2.11% from 2.34% and 250 shares of Palo Alto Networks, decreasing its weighting in the portfolio to 2.41% from 2.65% We are starting the first day of the new trading year by making small sales in several tech stocks. This group of stocks significantly outperformed in 2023, with gains ranging from 48% for Apple to 98% from Salesforce and more than doubles with the 194% surge in Meta and 239% rise in Nvidia. After the year these stocks had — and the market capitalization these “nation-state” companies gained, we prefer to err on the more conservative side because everyone has become so bullish about the market. To us, this seems late to the game because the S & P 500 has been up for nine weeks in a row, something it hasn’t done since 2024. In addition, the “Magnificent Seven” stocks and our other tech stocks performed so well when everyone was concerned the economy was coming to a crashing halt in March. The stocks…
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