We're booking profits in a market rotation winner — further padding our growing cash pile

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We're booking profits in a market rotation winner — further padding our growing cash pile Published Wed, Jun 10 202612:48 PM EDTUpdated 13 Min Ago Jeff Marks@jeffmarkscnbc We're selling 75 shares of Procter & Gamble at roughly $150 each. Following Wednesday's trade, Jim Cramer's Charitable Trust will own 375 shares of PG, reducing its weight in the portfolio to roughly 1.5% from 1.75%. We're making another sale on Wednesday to increase our cash pile and protect against future market volatility. One of our main concerns expressed by Jim in his Sunday column is the flood of new supply that the market must absorb, and President Donald Trump said U.S. attacks on Iran are expected to resume later Wednesday in response to the downing of a U.S. helicopter. Similar to our scaling back earlier in the session of Cardinal Health , we want to capitalize on this market rotation into defensive groups by selling some shares of Procter & Gamble, the consumer products powerhouse behind everyday brands like Tide. Our P & G investment thesis is that it would act like a hedge in the portfolio when the market gets more worried about the AI buildout and tech valuations. True to form, P & G is up about 4% in June compared to the broader tech sector's 7% decline. PG .GSPT mountain 2026-05-31 P & G vs. Information Technology sector index in June Given the move, we're downgrading P & G back to our hold-equivalent 2 rating . We'll get more positive on P & G if the stock gives back its recent gains or we see more evidence that the company can accelerate its growth rate. Expectations call for approximately 2.5% growth in organic sales and adjusted earnings-per-share (EPS) in fiscal 2027, according to FactSet. We're realizing a 2% gain on P & G stock bought in November 2025. (Jim Cramer's Charitable Trust is long PG, CAH. 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.More In Trade AlertsWe're paring another stock position to bring our cash weighting closer to 12%Jeff Marks2 hours agoWe're trimming another stock to increase cash ahead of any SpaceX IPO volatilityJeff Marks4 hours agoWe're booking more profits in a tech stock as the market wobbles ahead of a big IPOJeff MarksRead MoreSubscribe to CNBC PROSubscribe to Investing ClubLicensing & ReprintsCNBC CouncilsJoin the CNBC PanelDigital ProductsNews ReleasesClosed CaptioningCorrectionsAbout CNBCInternshipsSite MapCareersHelpContactNews TipsGot a confidential news tip? We want to hear from you.

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