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We're trimming some tech stocks to raise cash that we hope to deploy elsewhere

December 9, 2022
Source: cnbc.com cnbc.com
News Snapshot:
We're selling 150 shares of Cisco Systems (CSCO) at roughly $49 each. In addition, we are selling 75 shares of Qualcomm (QCOM) at roughly $121 each. Following Thursday's trades, Jim Cramer's Charitable Trust will own 1,150 shares of Cisco, decreasing its weighting in the portfolio to about 1.97% from 2.22% and 625 shares of Qualcomm, decreasing its weighting in the portfolio to 2.67% from about from 2.98% The sales we're making into strength Thursday come after the S & P 500 dropped for five straight sessions. For Cisco Systems , shares of this networking equipment company have made a pretty...
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