We are selling 15 shares of Eaton at roughly $394.05. Following the trade, Jim Cramer’s Charitable Trust will own 295 shares of ETN, decreasing its weighting to 3.15% from about 3.31%. Shares of the electrical equipment maker Eaton are hitting another new high on Monday, extending their year-to-date gains to about 20%. The stock is on the rise in reaction to the trade deal with the European Union and the $750 billion of energy that the bloc pledged to buy from the United States. Although Eaton provides solutions for liquified natural gas (LNG) applications, we’re locking in profits off this move because we don’t think the end market is large enough to support this reaction. Plus, the cash raised here will give us a little extra firepower to buy shares of other industrials like Honeywell and Dover that have lagged but reported better-than-expected quarterly results and raised their full-year outlook. We added to our Honeywell position earlier on Monday. From this sale, we will realize a gain of about 75% on stock purchased in November 2023. (Jim Cramer’s Charitable Trust is long ETN. 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.
