Shortly after the opening bell, we will be buying 75 shares of Advanced Micro Devices at roughly $135.30 and 25 shares of Eaton at roughly $274.48. Following the trades, Jim Cramer's Charitable Trust will own 425 shares of AMD, increasing its weighting to 1.85% from 1.53%, and 300 shares of Eaton, boosting its weighting to 2.6% from 2.42%. We're making a couple of buys Tuesday, deploying the rest of the cash we raised Monday from our flurry of trades plus a little more.
Eaton's another good example of what we like buying when the market sell-off takes both good and bad stocks lower. The company reported a fantastic quarter last week, delivering earnings per share above the high end of its guidance and raising its full-year outlook. The company also provided a bullish view of the third quarter, which matters in a market that is concerned about an imminent economic slowdown.