We are selling 35 shares of CrowdStrike at roughly $212 and 20 shares of Palo Alto Networks at roughly $365. Following the trades, Jim Cramer’s Charitable Trust will own 750 shares of CRWD, decreasing its weight in the portfolio to 3.9% from 4.08%. It will also own 200 shares of PANW, decreasing its weight in the portfolio to 1.8% from about 2%. We’re locking in triple-digit percentage gains in our two cybersecurity holdings on Wednesday as both stocks hit new record highs. We raised our price targets on both names late Tuesday in our HomeStretch , and today’s rally has already pushed each stock right up against those targets. Companies of all sizes may need to strengthen their cyber defenses now more than ever, given the increasingly elevated threat environment from overseas adversaries, powerful frontier AI models, and Chinese open-weight models. When CrowdStrike reports earnings on Aug. 26and Palo Alto Networks on Sept. 1, we expect both to highlight strong deal activity and customer engagements. Even though the fundamentals look more promising, we want to be disciplined about rallies in the stocks and take profits along the way. Palo Alto shares have almost doubled this year, while CrowdStrike has gained about 82%. From these sales, we will realize a gain of about 145% on CrowdStrike bought in November 2024 and a 174% gain on Palo Alto Networks shares bought in April 2024. (See here for a full list of the stocks in Jim Cramer’s Charitable Trust.) 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.
