We're paring another stock position to bring our cash weighting closer to 12%

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We're paring another stock position to bring our cash weighting closer to 12%

We are selling 100 shares of Cardinal Health at roughly $219. Following the trade, Jim Cramer's Charitable Trust will own 425 shares of CAH, reducing its weighting in the portfolio to 2.45% from …

We are selling 100 shares of Cardinal Health at roughly $219. Following the trade, Jim Cramer's Charitable Trust will own 425 shares of CAH, reducing its weighting in the portfolio to 2.45% from 3.00%. We're making another sale on Wednesday to bring our cash position closer to Jim's stated goal of 12%, per today's Morning Meeting, to hedge against volatility around Friday's SpaceX IPO. …

Original source: CNBC Top News

Mentioned

Jim Cramer · Morning Meeting · Cardinal Health