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We're buying more of a beaten-up stock before another overhang is lifted

Jim Cramer's Charitable Trust bought 35 more Boeing shares at roughly $191.16, bringing its holding to 620 shares and lifting its portfolio weighting to 3% from 2.8%. The purchase used some proceeds from a TJX Companies trim earlier Monday. Reuters reported on Friday that the FAA could approve Boeing's 737 Max 10 as soon as this week; the article says certification would reduce uncertainty over delays, since about one-third of the 737 Max backlog reportedly covers this variant, with deliveries likely starting in 2027. The stock is still about 20% below its Aug. 5 close, which the article mainly attributes to rising oil prices and interest rates.

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