We’re trimming a rallying stock to protect against a potential earnings letdown

Share

Jim Cramer’s Charitable Trust is selling 100 Procter & Gamble shares at roughly $151.16, reducing its position from 300 to 200 shares and lowering its portfolio weighting from 1.15% to 0.75%. This sale comes ahead of Wednesday’s earnings release, with the stock having performed well on Tuesday as money rotates out of data center stocks into other areas. Management may issue conservative guidance for fiscal year 2027, consistent with the company’s history of underpromising and overdelivering. The sale will realize a gain of approximately 1% on stock purchased in November 2025.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles