We're trimming our position in an AI stock to protect our profits

This is our second sale in as many days to reduce our exposure to the theme.

By America Pulse · Based on reporting from CNBC

The Jim Cramer Charitable Trust announced it will sell 135 shares of Corning at about $148 each, leaving the portfolio with 395 shares and reducing the stock’s weight from 2% to roughly 1.5%. The move follows Tuesday’s rally in technology stocks and fits the plan the trust outlined in Monday’s Morning Meeting, later reiterated in the Homestretch and again on Tuesday’s Morning Meeting.

Adjusting to Regulatory Shifts

The sale comes as the governors of Texas and Pennsylvania have adopted a harder‑line stance toward data‑center developers. Texas Governor Greg Abott warned that data‑center firms moving too quickly into communities without adequate support have “dug thier own grave.” In Pennsylvania, Governor Josh Shapiro issued an executive order that tightens construction‑project standards and adds disclosure requirements aimed at curbing speculative activity. Both officials suggest that the regulatory environment will stay restrictive until after the midterm elections, creating a speed bump for new data‑center build‑outs.

Portfolio Profit Protection

To lock in gains accumulated across several holdings, the trust halved its Broadcom position on Monday, booking a sizable profit and hinting that another sale could follow. The Corning transaction locks in a gain of roughly 74% on shares bought in October 2025. The trust’s current long positions include GLW and AVGO, as listed in its full portfolio disclosure.

Investing Club Procedures

Subscribers to the CNBC Investing Club with Jim Cramer receive a trade alert before the trust executes any move. Cramer’s policy requires a 45‑minute pause after the alert before buying or selling, and a 72‑hour wait if the stock has been discussed on CNBC TV. The club’s information is governed by its terms and conditions, privacy policy, and disclaimer, which state that receipt of the material does not create a fiduciary duty and that no specific outcome or profit is guaranteed.

Source: CNBC · 2026-08-25