economy

March 6, 2026

We're buying more of our newest stock and upgrading our rating on a financial name

This week is a good reminder of why the Investing Club likes to scale into new positions.

We're buying more of our newest stock and upgrading our rating on a financial name

TL;DR

  • Jim Cramer's Charitable Trust purchased 50 shares of Cardinal Health (CAH) at approximately $217.84, increasing its total holdings to 400 shares.
  • The trust believes Cardinal Health's recent pullback is undeserved and the company is less sensitive to economic and geopolitical factors.
  • The trust is upgrading Goldman Sachs (GS) from a hold-equivalent to a buy-equivalent rating, citing potential M&A and IPO activity.
  • Goldman Sachs shares have declined, but the potential for IPOs from companies like SpaceX, Anthropic, and OpenAI supports the investment thesis.
  • The trust advocates for a strategy of scaling into positions over time to lower the average cost basis.

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