We make 4 trades on Monday morning. Shortly after the market opens, we are going to sell 100 shares of Danaher at a price of around $274.13. After the trade, Jim Cramer's Charitable Trust will own 475 shares of Danaher, reducing its weight within the portfolio from 4.84% to 4%. In addition, we are going to sell 20 shares of Salesforce at a price of around $264.89. This will reduce its weight within the portfolio from 1.78% to 1.62%. We also buy 50 shares of Disney at a price of around $90.19. The purchase will give us 930 shares of Disney, increasing its weight from 2.43% to 2.57%. And finally, we buy 225 shares of Starbucks at a price of around $74.16. This will bring our position to 1,100 shares and increase its weight from 1.99% to 2.5%. With our trading restrictions now lifted, we’re selling some Danaher shares. We announced this sale last Friday after the stock hit $275 – a profit-taking level Jim identified during our monthly meeting in July. The position can also be ripe for repricing after rising to almost 5% due to last week's 12% rise to a brand new 52-week high, fueled by the better-than-expected quarter and market rotation basically. We will realize a small gain of about 1% on the shares purchased in January 2022. We will even take profits on Salesforce. The stock has made a pleasant comeback in recent months, recouping just about all of its losses from the May 29 earnings report, when the stock fell 20% after management disappointingly lowered its outlook. Given the comeback, we predict it is suitable to cut back the position. We'll realize a solid gain of about 20% on the shares purchased in January 2022. On the buy side, we're adding to our Disney position. Shares are about 8% lower than our previous purchase of fifty shares in July, which was our first time adding shares since we sold a complete of 490 shares in April at a mean price of about $118. We imagine the box office success of “Inside Out 2” and now “Deadpool & Wolverine” is an indication that the corporate's strategy of creating franchise sequels is working. Finally, we're buying some shares of Starbucks. Every week ago, we upgraded our rating to “Buy Here” 1 after learning that activist firm Elliott Management had acquired a stake within the coffee giant. We're big fans of Elliott Management's work and imagine its presence should result in much-needed change. Another note is that Starbucks reports on Tuesday evening after the market closes, and our buy advice on Monday just isn’t indicative of the quarter. We expect more muted results, but so should the market. We think Monday morning's response to McDonald's quarter — it rose barely despite a miss on revenue, earnings and store revenue — is a very good sign that sentiment has soured in these high-quality global restaurant corporations. And if trends don't improve from here and Starbucks' operations don't improve, we predict Elliott will push for brand spanking new management that may fix the issues. (Jim Cramer's Charitable Trust is long DHR, CRM, DIS and SBUX. A full list of stocks may be found here.) As a subscriber to CNBC Investing Club with Jim Cramer, you'll receive a trade alert before Jim makes a trade. Jim waits 45 minutes after a trade alert is distributed before buying or selling a stock in his Charitable Trust's portfolio. If Jim has discussed a stock on TV on CNBC, he waits 72 hours after the trade alert is issued before executing the trade. THE INFORMATION REGARDING INVESTING CLUB DESCRIBED ABOVE IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY AND OUR DISCLAIMER. NO FIDUCIARY OBLIGATION OR OBLIGATION IS CREATED OR RESULTS FROM THE RECEIPT OF INFORMATION RELATED TO INVESTING CLUB. NO PARTICULAR RESULT OR PROFIT IS GUARANTEED.
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