We will have 3 trades on Monday. The company will sell 200 shares of Cisco Systems stock for approximately $71 per share, leaving 1,000 shares of CSCO stock in the Jim Cramer Charitable Trust, reducing its weight from 2.28% to approximately 2.1%. Purchase 80 shares of Corning Inc. stock for approximately $87. Following the transaction, the Trust will own 520 GLW shares, increasing its stake from approximately 1% to approximately 1.2%. It also buys 10 shares of Meta Platforms for approximately $631, increasing its position to 250 shares of META and increasing its portfolio weight from approximately 4% to approximately 4.15%. Ahead of Wednesday night’s earnings call, the company will make small adjustments to lock in Cisco Systems’ profits and lower its rating to 2. After falling to around $66 per share in the days following its last earnings release, the networking and security company’s stock has rebounded to nearly $72. CSCO YTD Mountain Cisco Systems YTD We remain optimistic about Cisco’s artificial intelligence infrastructure opportunities for hyperscalar, enterprise, and sovereign customers, but the last quarter was a bit disappointing as security revenue fell sharply due to weak U.S. federal government business. I’m going to digress a bit here in case security becomes a multi-quarter issue. Management also has a history of UPOD (i.e., under-promising and over-delivering), which we like, but in some cases it can cause stock prices to deteriorate based on conservative guidance. This sale provides a small gain of approximately 6% on the shares purchased in July 2025. GLW YTD Mountain Corning YTD The Company received the cash proceeds from the sale of Cisco to add to its positions in Corning and Meta Platforms. Corning reported a great quarter on October 28th. The company’s stock actually fell about 7% to $83 in pre-market trading that morning after failing to meet “high expectations” and missing out on revenue in its key optical communications division. When we bought the stock, we were quick to point out that the failure was due to poor sales to telecom customers rather than business customers. Sales to enterprise customers are up 58% year-over-year, and this momentum is expected to continue as data center operators increase the use of fiber connections instead of copper wire to connect AI nodes. Meta Platform Year-to-date Mountain Meta Platform Year-to-date As for Meta Platform, its stock price has fallen about 20% since its October 30 earnings report. The stock was hit hard by concerns that management was spending too aggressively to expand its AI infrastructure. There’s always a risk that these investments won’t pay off, but we continue to have faith in CEO Mark Zuckerberg. The recent decline has reduced Meta’s forward price-to-earnings ratio of approximately 21x based on 2026 estimates. This is actually cheaper than the broader S&P 500. This is the first meta purchase since June 2022, when the stock price was falling on concerns about overspending in the metaverse. (Jim Cramer’s charitable trusts are long CSCO, GLW, META. See here for a complete list of stocks.) As a subscriber to Jim Cramer’s CNBC Investment Club, you will receive trade alerts before Jim makes a trade. After Jim sends a trade alert, he waits 45 minutes before buying or selling stocks in his charitable trust’s portfolio. If Jim talks about a stock on CNBC TV, he will issue a trade alert and then wait 72 hours before executing the trade. The above investment club information is subject to our Terms of Use and Privacy Policy, along with our disclaimer. No fiduciary duties or obligations exist or arise from your receipt of information provided in connection with the Investment Club. No specific results or benefits are guaranteed.
