Jim Cramer's Charitable Trust is selling 58 DuPont (DD) shares at roughly $143 each. After Monday's trade, the trust holds 450 DD shares, cutting its portfolio weight to 1.65% from 1.85%. The small trim offsets an earlier Boeing (BA) purchase that day. DuPont shares are up about 10% since late September, helped by rotation out of data center buildout names, but remain about $12 below their 2026 peak and are up about 18% year to date. The author says the simplification story has largely played out a year after the Qnity Electronics separation, with shares up about 36% since the breakup. The sale will realize a gain of roughly 48% on shares bought in August 2023, and the author will watch DuPont's earnings before Tuesday's open.
Summary written by Upside AI from the original article. Read the source for full details.
Keywords
Jim Cramerspin-offdata centers
Open a keyword to see other news on the same topic.
Related news
- Week’s Best: JPMorgan Chase Teams Overseeing $18 Billion Go Indie
- How Many Shares Would It Take to Earn $1,000 a Year From This Future Dividend King?
Medtronic has raised its quarterly dividend for 49 consecutive years, one year short of Dividend King status, which requires 50 years. At an annualized dividend of $2.88 per share, roughly 348 shares, costing about $32,792, would generate $1,002.24 in annual dividend income, a yield of around 3%. Recent dividend increases have been modest, at 1.4% this year and an average of 2% over three years. The spinoff of MiniMed, its lower-margin diabetes business, completed via an exchange offer this week, lets Medtronic focus on its higher-margin cardiovascular, neuroscience and surgical businesses. Analysts estimate earnings growth of 8.1% and 7.1% for the fiscal years ending January 2027 and January 2028, and with a 48% forward payout ratio, that could support larger dividend increases.
- We're trimming a rallying defensive stock and buying other on a muted earnings move
Jim Cramer's Charitable Trust sold 50 shares of Cardinal Health at roughly $251, cutting its stake to 425 shares and its portfolio weight to 2.75% from 3%, and downgraded the stock to a hold-equivalent 2 rating after its rally above $250. The trust realized a gain of about 9% on shares bought in March 2026. The proceeds funded a purchase of 75 shares of Bank of New York at roughly $138, lifting its holding to 675 shares and its weighting to 2.35% from 2.1%. BNY reported revenue of $5.7 billion and EPS of $2.37, versus estimates of $5.5 billion and $2.27, beating on fee-based revenue and net interest income while costs ran slightly higher. The trust cited BNY's 29% return on tangible common equity and cleaner results than State Street's disappointing report as reasons to keep adding to the position.
- Is Kyndryl the next MicroStrategy? Why this IBM spinoff is now surging
Kyndryl (NYSE:KD) shares rose nearly 32% over the past month to about $14.86, as the company shakes off skepticism that followed its 2021 spinoff from IBM. Kyndryl has dropped low-margin contracts and cut IBM hardware resales from $4 billion annually to under $2 billion, while hyperscaler-related revenue grew from zero to about $2 billion a year through partnerships with Microsoft Azure, AWS and Google Cloud. In the latest quarter, advisory signings at Kyndryl Consult rose 50% year over year, and the company has deployed about 1,800 proprietary AI agents that generated roughly $1 billion in cumulative operational savings. The stock trades at 6.8 times forward earnings and 0.19 times sales, and management projects free cash flow of $1 billion by 2028.
- China industrial profits post strongest growth in three months, rising 14.4%
Profits at large Chinese industrial firms rose 14.4% last month from a year earlier, the strongest pace since June, as a boom in AI-related manufacturing offset weak domestic demand. For the first nine months of the year, industrial profits climbed 15.5%. High-tech sectors such as AI and robotics have outperformed consumer-related industries including clothing, autos and furniture, while higher commodity prices from the war in Iran have raised input costs for downstream manufacturers. GDP grew 4.5% in the third quarter and 4.6% in the first nine months, within the government's 4.5% to 5% full-year target, while retail sales rose just 1.1% in September. Shena Yue of Oxford Economics said household demand is the weak link as the property downturn weighs on housing purchases, and China's export strength cannot fully offset domestic weakness.
- Should You Buy NuScale at $6 After the Google Rally? Here's the Next Catalyst That Could Send It Higher.
Google signed a 20-year power purchase agreement with Constellation Energy, and Constellation's stock rose 12% after the October 6 announcement, lifting other nuclear stocks. NuScale Power (SMR), an early-stage developer of small modular reactors, trades below $6 and is largely story-driven. The stock has fallen more than 90% from its peak of about $57, weighed down by weak nuclear stocks, Fluor exiting its stake, and no new commitments for its technology. The article says a firm deal with the Tennessee Valley Authority through ENTRA1's non-binding agreement for up to 6 GW (requiring up to 72 NuScale modules) could be a major catalyst, but without firm commitments the stock may fall further.
Related markets
Latest news
- Stock Market Midday, Nov. 2: Stocks Rally as Oil Prices Tumble on Diplomatic Hopes
As of 11:31 AM ET, the Dow Jones rose 1.05% to 52,314, the Nasdaq Composite gained 0.76% to 25,631 and the S&P 500 climbed 0.64% to 7,629 as risk appetite returned. Crude oil fell more than 7% as investors bet on a diplomatic resolution to the conflict with Iran, while gold rose 1.97% to $3,975.80. Oracle dropped 6.2% after announcing a $20 billion fundraising plan, while Amazon rose more than 4% as investors reassessed its record cloud growth. The article says Oracle's filing for $10 billion in stock and $10 billion in bonds to fund AI infrastructure shouldn't have surprised investors, as it followed capital spending plans announced last week.
- Rocket Lab (RKLB) Is Emerging As A Key Launch Option For Commercial Stations
NASA is citing Rocket Lab (NasdaqGS:RKLB) as a launch option for future commercial space station missions as the ISS nears retirement. NASA is shifting to a new acquisition model that funds privately owned space stations to succeed the ISS over the coming decade. Rocket Lab's Neutron rocket, targeted for a 2027 debut, is positioned to address launch capacity constraints for small and medium satellites in this ecosystem. The analysis suggests Neutron could expand the company's addressable market, but delays and high R&D spending remain risks that pressure cash and execution.
- Wells Fargo wants customers to prove they've revoked AI agents
Wells Fargo is reportedly the first bank to require customers to prove they have revoked AI agents' access to their accounts, or else be liable for any rogue agent activity. An updated online access agreement effective Nov. 24 makes customers responsible for revoking authorization, keeping evidence, and providing it on request, and they remain liable until they notify the bank. A Wells Fargo spokesman said revocations may happen outside the bank, so it may lack visibility into when they occur. Douglas Borthwick called the requirement unrealistic, noting that a screenshot shows a request to stop but not that the agent stopped, and that screenshots are easy to fake. Elaine Duffus of Wolters Kluwer raised questions about who is at fault among customer, bank and AI provider when an agent goes off script, and said an agent-governance layer would let banks spot problems and intervene.
- Which Stocks Tend to Rise in November?
Based on adjusted closing prices, 10 listed stocks rose in every November from 2022 to 2025: 8 on HOSE and 2 on HNX. On HOSE, HAG, NHA, MSH, HDG, KBC, POW, DHA and HAP kept a four-year streak, though gains varied widely by year. HAG rose 38.85% in November 2023, while KBC gained over 20% in both 2022 and 2023 before slowing to 0.86% in 2025. HAP led HOSE in November 2025 with nearly 11%. On HNX, PVI and L18 held four-year streaks, and PVI jumped 18.81% in November 2025. The article notes past gains are only a seasonal reference and do not guarantee these stocks will rise in November 2026.
- Tether Unexpectedly Cuts Gold Holdings for the First Time in Nearly 3 Years, but Another 'Gold Vault' Swells
Tether reduced its physical gold backing USDT by about 3.4 tonnes in Q3 2026, to roughly 143 tonnes, its first decline since early 2024 after nine consecutive quarters of increases. In contrast, gold backing the XAUT token rose by about 3.73 tonnes (nearly 17%) to about 25.74 tonnes, stored as 2,090 bars with a market value above $3 billion. Even with the lower volume, the value of the USDT gold holding rose about $246 million as the valuation price climbed from $4,008.02 to $4,157.41 per ounce. In Q3, Tether reported about $1.5 billion in net operating profit, while reserves above liabilities grew to nearly $7.95 billion. In a Reuters poll of 30 analysts, the median forecast for the 2026 average gold price was cut to $4,495 per ounce, while the 2027 forecast rose to $4,650.
- Why Did SpaceX Stock Just Pop?
Shares of Space Exploration Technologies (SPCX) rose 4.4% by 10:55 a.m. ET Monday after The Washington Post reported that SpaceX is in talks to buy Boost Mobile or use its network. According to the Post, SpaceX is seeking a back door into the $235 billion wireless market after being rejected by AT&T, T-Mobile and Verizon, and it is in talks with EchoStar (ECHO), which owns Boost; Boost itself leases network access from AT&T and T-Mobile. The author considers the rumor probably true, citing SpaceX's recent steps, including FCC permission for 15,000 direct-to-cell satellites and an $8 billion purchase of spectrum licenses from Grain Management.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.