Immediately after the opening bell, you sell 100 shares of DuPont stock for approximately $48. After Thursday’s transaction, the Jim Cramer Charitable Trust will own 1,525 shares of DD stock, reducing its weight from about 2% to about 1.85%. It has booked big gains in DuPont stocks to take advantage of the recent market rotation away from technology and momentum stocks and toward more valuable industrial economy stocks. DuPont shares are up nearly 9% week to date ahead of Thursday’s open. For the year, the stock price rose nearly 19%, extending a strong rally that began when it separated Kuniti Electronics on November 3. DD 1Y Mountain DuPont 1 Year Our bull thesis for DuPont was based on the revaluation of the price-to-earnings ratio from a depressed valuation following the spin. This has played out exactly as we expected, and our patience since announcing the company split in May 2024 has paid off. Since Nov. 3, post-split DuPont stock has risen about 38%, far outpacing the S&P 500’s return of less than 1%. After this massive outperformance, we feel compelled to take some profits. This sale represents a gain of approximately 48% on the shares purchased in August 2023. (The Jim Cramer Charitable Trust is a long DD. 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 his charitable trust’s portfolio. If Jim talks about a stock on CNBC TV, he will issue a trade alert and then wait 72 hours before executing the trade. The above investment club information is subject to our Terms of Use and Privacy Policy, along with 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.
