We're buying more of two stocks that have been unfairly dinged in the past week

Crowdstrike Holdings Inc News

We're buying more of two stocks that have been unfairly dinged in the past week
Breaking News: Markets,Markets,Investment Strategy

We can finally add to our positions now that our trading restrictions are cleared.

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Shortly after the opening bell, we will buy 50 shares of Advanced Micro Devices at roughly $142 and 40 shares of CrowdStrike at roughly $302. Following the trades, Jim Cramer's Charitable Trust will own 675 shares of AMD, increasing its weighting to 2.8% from 2.6%, and 100 shares of CrowdStrike, increasing its weighting to 0.88% from 0.5%. Now that our trading restrictions for AMD and CrowdStrike are cleared, we can finally add to our positions.

It's only a matter of time before AMD secures more AI relationships, making this short-term doubt a buying opportunity. We have talked about adding to our CrowdStrike position since Oct. 25 , when the stock fell on concerns about a $32 million non-cancellable order that was received last fall but was never fulfilled. We thought this story was noise and a non-issue since it was booked in compliance with Generally Accepted Accounting Principles.

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