economy

We're making a disciplined sale as the market becomes increasingly overbought

We bought shares of this stock twice into the March sell-off. Now it's time for us to trim it.

We're making a disciplined sale as the market becomes increasingly overbought

TL;DR

  • Jim Cramer's Charitable Trust is selling 25 shares of Boeing.
  • The sale is a disciplined move as the stock has recovered and the market is overbought.
  • Boeing delivered 143 commercial airplanes in Q1, outperforming Airbus.
  • A wiring issue slightly impacted Q1 deliveries but did not change the annual guidance.
  • The trust previously bought Boeing shares during the March sell-off at lower prices.

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