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LivestreamMenuWe are exiting our position in Dover , selling 195 shares at roughly $211. Following the trade, Jim Cramer’s Charitable Trust will no longer own a position in DOV. We’re making room for our new position in Micron — initiated earlier Tuesday morning — by selling our remaining Dover shares. Our final Dover sale is consistent with our messaging after a mixed quarter on July 23. Going into the print, we made it clear that it was a make-or-break quarter for the industrial conglomerate’s standing in the portfolio. Unfortunately, Dover missed some sales due to an issue ramping up production for its CO2 refrigeration business while consolidating its manufacturing footprint. We acknowledged this issue was temporary and fixable, explaining why we did not sell the stock when it fell from $214 to roughly $198 in response to earnings. However, we said we planned to exit into a rebound. We made our first sale last week at roughly $204. We’ll now make our final sale Tuesday with the stock down about $3 from where it closed before the report. From this sale, we’ll realize an average gain of roughly 19% on stock purchased between December 2024 and July 2025. (Jim Cramer’s Charitable Trust is long MU. 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.Read More
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