We're booking big profits in a cyber stock that's rallied back to record highs
We're selling 95 shares of CrowdStrike at roughly $205 each. Following Monday's trade, Jim Cramer's Charitable Trust will 785 shares of CRWD, decreasing its weight in the portfolio to 4% from 4.5%. We're taking off some...
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An important development from the financial markets: We're selling 95 shares of CrowdStrike at roughly $205 each. Following Monday's trade, Jim Cramer's Charitable Trust will 785 shares of CRWD, decreasing its weight in the portfolio to 4% from 4. We're taking off some shares of CrowdStrike after another powerful run.
CrowdStrike is up roughly 6% on Monday, trading at another record high. CrowdStrike split 4-for-1 last Thursday. This sale is similar to our trim of Palo Alto Networks last week Our two cybersecurity stocks have been two of the stronger positions in the portfolio lately, on the realization that advancements in AI models will accelerate spending on cybersecurity solutions.
Economic Details
CrowdStrike hasn't had a down day since June 24 and has rallied 22% over the past seven trading sessions. CrowdStrike is up 75% in 2026. Palo Alto Networks is up 27% over the same late-June period and is now up about 95% year to date.
It also hit a record high Monday. CRWD PANW YTD mountain CrowdStrike vs. Palo Alto Networks YTD While we remain strong believers in the AI cybersecurity story, we want to remain disciplined after such a big move.
The recent CrowdStrike gains have pushed its position size into the third-largest in the entire portfolio at roughly 4. Only Apple and Amazon , with their multitrillion-dollar market capitalizations, have larger weightings. This trim will rightsize CrowdStrike back to about 4% as we lock in gains of about 140% on stock purchased in November 2024.
Analyst Views
(Jim Cramer's Charitable Trust is long CRWD. 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 .
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Financial markets are tracking the development closely as investors assess the likely impact.
