economy

January 8, 2026

We're exiting a spin-off winner but putting it in the Bullpen to continue to watch

The new year has been excellent, with shares up more than 8% in the first five trading sessions of 2026.

We're exiting a spin-off winner but putting it in the Bullpen to continue to watch

TL;DR

  • Jim Cramer's Charitable Trust is selling its 100 shares of Solstice Advanced Materials (SOLS) at around $53.
  • The trust received a small position in SOLS after Honeywell spun it off on October 30.
  • Solstice shares have seen an 8% increase in the first five trading sessions of 2026 and have outperformed the S&P 500 by 7% since inception.
  • The trust is selling because the position is too small (0.15% of the portfolio) to matter and they are hesitant to buy more shares at the current price.
  • Solstice's business segments include refrigerants, electronics, and alternative energy services, with its uranium hexafluoride conversion plant being a potential growth engine.
  • The trust will move Solstice to the 'Bullpen' to monitor its exposure to nuclear energy and its strong balance sheet.
  • The sale is expected to realize a 13% gain on the shares acquired from the Honeywell spinoff.

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