We’re booking big profits in a cyber stock that’s rallied back to record highs
We are selling 95 shares of CrowdStrike for approximately $205 each. Following Monday’s trading, Jim Cramer’s Charitable Trust will acquire 785 shares of CRWD and reduce its weighting in the portfolio from 4.5% to 4%. We’re buying back some CrowdStrike stock after another strong rally. CrowdStrike is trading at another record high on Monday, up roughly 6%. CrowdStrike split 4-for-1 last Thursday. This sale is similar to Palo Alto Networks’ sale last week. Recognizing that advances in artificial intelligence models will accelerate spending on cybersecurity solutions, our two cybersecurity stocks have been two of the strongest positions in the portfolio recently. CrowdStrike has not experienced any declines since June 24 and is up 22% in the last seven trading sessions. CrowdStrike is up 75% in 2026. Palo Alto Networks was up 27% during the same period in late June and is now up nearly 95% year-to-date. It also reached a record level on Monday. CRWD PANW YTD mountain CrowdStrike vs. Palo Alto Networks YTD While we continue to believe strongly in the AI cybersecurity story, we want to remain disciplined after such a major move. CrowdStrike’s recent gains have pushed its position size to the third-largest position in the entire portfolio, at around 4.5%. Only Apple and Amazon have larger weights with multitrillion-dollar market capitalizations. This correction will size CrowdStrike back up to around 4% as we generate approximately 140% gains on shares purchased in November 2024. (Jim Cramer’s Charitable Trust is long CRWD. See here for a full list of stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim places a trade. Jim waits 45 minutes after sending a trading alert before buying or selling a stock in his charitable foundation’s portfolio. If Jim talked about a stock on CNBC TV, he waits 72 hours after issuing the trading alert before executing the trade. THE ABOVE INVESTMENT CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY, TOGETHER WITH THE DISCLAIMERS. NO CIVIL OBLIGATIONS OR DUTIES EXIST OR SHALL BE RESULTING FROM YOUR RECEIVING ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTMENT CLUB. NO SPECIFIC RESULT OR PROFIT CAN BE GUARANTEED.
