economy

We're pocketing gains in this rallying chipmaker to right-size the position

The stock's 18% rally last week made it our largest position in the portfolio.

We're pocketing gains in this rallying chipmaker to right-size the position

TL;DR

  • Jim Cramer's Charitable Trust is selling 100 shares of Broadcom.
  • The sale aims to right-size the position following an 18% rally last week.
  • Broadcom secured long-term supply agreements with Alphabet and expanded its agreement with Anthropic.
  • The trust is realizing a 319% gain on the sold Broadcom shares.
  • The trust maintains a positive long-term view on Broadcom despite the sale.