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

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Crowdstrike Holdings Inc Новости

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

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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