We’re selling 40 shares of Dover at roughly $209. Following Wednesday’s trade, Jim Cramer’s Charitable Trust will own 560 shares of DOV, decreasing its weighting to about 3% from 3.2%. We’re taking off more Dover as shares hit a new record high Wednesday, and the stock market rips higher in afternoon trading as President Donald Trump calls off Europe tariffs tied to Greenland. We also trimmed this industrial conglomerate position last Thursday at around $206 per share. Dover has had quite the run since the company reported its third quarter results back in October, rallying from $167 before the release to more than $209 on Wednesday. The market is banking on Dover delivering a strong fourth quarter when it reports on Jan. 29, with guidance for 2026 adjusted earnings per share growth of about 10.8%. We think Dover can beat this bar, but we want to protect against the possibility of a more conservative outlook to start the year. DOV 1Y mountain Dover 1 year This sale will replace the cash we put to work in Alphabet during Tuesday’s market selloff, which has been nearly reversed a day later. In this moment of heightened volatility, we are being opportunistic with buying into market fear and selling into strength. From this sale of Dover shares, we will realize a gain of about 13% on stock purchased in May 2024. (Jim Cramer’s Charitable Trust is long DOV, GOOGL. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
