economy

January 15, 2026

We're booking some profits in a rallying stock that rewarded our patience

We're raising more cash for the portfolio into strength after the S&P Short Range Oscillator officially entered overbought territory.

We're booking some profits in a rallying stock that rewarded our patience

TL;DR

  • Jim Cramer's Charitable Trust is selling 120 shares of Dover (DOV).
  • The sale aims to raise cash due to the S&P Short Range Oscillator entering overbought territory.
  • Dover stock has gained nearly 24% since its third-quarter earnings report on Oct. 23.
  • Dover's CEO, Richard Tobin, is not forecasting revenue declines for 2026.
  • The company launched a $500 million accelerated share repurchase program in November.
  • Analysts from UBS and Citi have recently upgraded their ratings on Dover stock.
  • The trust expects Dover to achieve another year of double-digit earnings growth in 2026.
  • The trust is downgrading its rating on DOV to a hold-equivalent.
  • The sale will realize an approximate 11% gain on the stock purchased in May 2024.

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