We’re booking profits in this AI stock that had parabolic start to 2026
We are selling 75 shares of Qnity Electronics at roughly $102. Following the trade, Jim Cramer’s Charitable Trust will own 975 shares of Qnity, decreasing its weighting to 2.5% from about 2.7%. We’re locking in gains on Qnity Electronics following the stock’s parabolic move over the past few weeks. Shares of this advanced materials supplier to the semiconductor industry may be down about 1% on Thursday, but they are still up more than 4% week to date, 24% on the year, and 28% since we bought a big chunk in November. The outlook for this DuPont spinoff remains bright as AI spending continues to grow. The company provides critical integrated solutions across the semiconductor value chain, including chip fabrication and advanced packaging. However, we always say discipline trumps conviction, and we don’t want to be greedy after this tremendous move to start the year. That’s why we are trimming the position and downgrading our rating to a 2. From this sale, we will realize a gain of about 9% on the stock from August 2023. (Jim Cramer’s Charitable Trust is long Q. 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.
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