We’re making three trades on Monday. We’re selling 200 shares of Cisco Systems at roughly $71 each, leaving Jim Cramer’s Charitable Trust with 1,000 shares of CSCO and decreasing its weighting to about 2.1% from 2.28%. We’re buying 80 shares of Corning at roughly $87. After the trade, the Trust will own 520 shares of GLW, increasing its weighting to about 1.2% from about 1%. We’re also buying 10 shares of Meta Platforms at roughly $631, increasing our position to 250 shares of META and its portfolio weighting to about 4.15% from about 4%. Ahead of Wednesday evening’s earnings, we’re locking in profits on Cisco Systems with a small trim and downgrading it to our 2 rating. After falling to about $66 per share in the days after its previous earnings release , the stock of this networking and security company has rebounded to nearly $72. CSCO YTD mountain Cisco Systems YTD We’re still upbeat about Cisco’s artificial intelligence infrastructure opportunities with hyperscaler, enterprise, and sovereign customers, but the last quarter had some hair on it, with security revenue missing big due to weakness in its U.S. federal government business. We’re taking a little off here, just in case security turns into a multi-quarter problem. Also, management has a history of practicing UPOD — or under-promising and over-delivering — which we like, but sometimes that causes the stock to get dinged on conservative guidance. From this sale, we’ll realize a small gain of about 6% on stock purchased in July 2025. GLW YTD mountain Corning YTD We’re taking the cash proceeds from the Cisco sale to add to our positions in Corning and Meta Platforms. Corning reported a great quarter on Oct. 28. The stock actually fell about 7% in premarket trading to $83 that morning after not beating “lofty expectations” and delivering a revenue miss in its key optical communications segment. We immediately pointed out when we bought shares that the miss was due to sluggish sales to telecom customers and not from enterprise customers. Sales to enterprise customers were up 58% year over year, and we think that momentum will continue as data center operators increase their use of fiber connections instead of copper to connect AI nodes. META YTD mountain Meta Platforms YTD As for Meta Platforms, shares have pulled back by about 20% since reporting earnings on Oct. 30. The stock was hit hard over concerns that management is spending too aggressively to expand its AI infrastructure. While there’s always a risk that those investments won’t pay off, we continue to have confidence in CEO Mark Zuckerberg. The recent selloff has lowered Meta’s price-to-earnings multiple on 2026 estimates to about 21 times, which is actually cheaper than the broader S & P 500 . It’s our first Meta buy since June 2022, which was around the time when shares were sliding due to concerns about overspending on the metaverse. (Jim Cramer’s Charitable Trust is long CSCO, GLW, META. 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.
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