We are buying 30 shares of Microsoft , at roughly $322 apiece. Following Monday's trade, Jim Cramer's Charitable Trust will own 230 shares of MSFT, increasing its weighting in the portfolio to 2.61% from 2.27%.
Microsoft remains a clear AI leader through its Azure cloud unit, which harnesses OpenAI's ChatGPT technology. Additionally, management's outlook for flat margins was likely a case of so-called UPOD — under promise, over deliver. This buy will take our cash position to roughly 10% flat, leaving us with plenty of flexibility to put additional money to work should the market move lower from here and the Oscillator become more oversold.
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