Investing Club: Jim Cramer gives us a rapid-fire update on 13 stocks in our Club portfolio

Published Fri, Mar 4 20224:22 PM EST

Jim Cramer weighed in a ton of stocks in his Charitable Trust portfolio during Friday's "Monthly Meeting" for Investing Club subscribers. Here's a breakdown of what Cramer had to say. "If Alphabet ... comes down 75 points today, and anything is possible on a Friday, we are going to buy some. Why? 24 times earnings, back out the cash it's below market multiple. It had the best number of all of the FAANGs. ... and I think that right at this very moment, it has just given up all of the gains it had after one incredible quarter, so Alphabet is the stock we will buy if goes down any more." Update: Friday afternoon, the Club later bought five Alphabet shares , bringing its overall position to 60 shares. "We did sell some Boeing [up around $215 per share]. I was itching, I told [ Jeff Marks ] maybe we ought to buy it back. But we're going to be cool. We're going to be cool because who knows what's going to come Monday." "When it got up [over $24 per share], we sold. When we sold, I loved it here. I loved it. That's irrelevant. It's irrelevant whether you love it. What matters is the stock got ahead of itself, and then sure enough, they report that bad quarter. We are itching to buy that stock back. ... We need to get back in and buy back the Ford that we sold. That's the way we make it so we're able to make it, so we take some profit and get back in for when a stock gets hit." "I think this is one that's a coiled spring. They gave a great talk [at Thursday's analyst day]. ...They did raise numbers for later years. [ Honeywell CEO Darius Adamczyk] has a lot of money. He can buyback, he can buy a company. But he actually is more interested in buying back [their own shares] because he thinks the stock is so cheap. If they broke this thing up, it would be worth substantially more than it's selling for. It's a great American industrial. I'm sticking with Honeywell. If it went below $180, we'll be buying some." " Linde is a company that makes industrial gases. It is extremely profitable. It just announced a $10 billion buyback. It has, I'd say, the greatest secular growth... of any industrial in the world. People think their raw cost, natural gas, is going too high. They have passed on their raw cost to the consumer every single time. ... So we bought some Linde [Wednesday at $290.89]. If it drops again, we will buy more." "This is a tortured one. We've got a couple tortured ones, I admit that. Why is Wynn tortured? ... Because it's got Macao, and as far as I'm concerned, Macao, it's going to come back, but you know that China had a [strict] Covid lockdown, and because of that, what happens when you have a lockdown like we got with Wynn and Covid, it's just a dead-weight loss. The whole thing is a dead-weight loss. ... We've been waiting and waiting and waiting. We bought some [Wednesday at $88.52 per share]. We bought it too aggressively. ... When I saw what was going on, that China opened up, I think Wynn is coming back. I think you should buy Wynn." " Danaher has come down to the point where you need to buy it. Why do I say that? Because they don't have any economic exposure. People think that their business is done because they have some testing equipment for Covid once Covid is cured. That is completely wrong. It's a life science company. ... I think it's just got a marvelous suite of products. I think Danaher is a buy right now, right here." "Remember, if you really like a stock, you want [ Cisco ] to come down [so you can buy it cheaper]. ... There is no doubt in my mind this stock is headed higher, and they've got the orders to prove it." "It's also a stock where I hardly ever see it down more than 10%. My rule is, if you want a high-quality stock and it falls 8% to 10% and you've been waiting, waiting and waiting, you start buying. It's not taking a shot. If you wanted to buy 100 shares of Microsoft , buy 25. Maybe buy 25 Monday, OK?" "The quarter was amazing. [ Mastercard ] growing much faster than Visa, but at the same time, it's hostage to cross border. ... I still think this stock can go to $400." This was the best quarter Salesforce has had in five years. The economy is open. They're hundreds of millions of dollars from different customers. Not only is there absolutely nothing wrong with Salesforce, it's right. Those of you who don't own any Salesforce, you buy it right here." "Down 40%, we don't care where a stock came from. We care where it's going to. Buy. Buy some, well, let's call it Facebook for now." "Under $100, we're probably going to have to buy some. But let me be very clear. We're buying some to sell it, because I have lost faith in PayPal . On any spike up, if we buy some here, we'll take a loss on some, and we'll take a gain on what we bought. Is that portfolio management? Actually, it's precise portfolio management for when you screw up and you want to rectify things." (Jim Cramer's Charitable Trust is long all the FB, CRM, MSFT, PYPL, HON, MA, CSCO, DHR, WYNN, LIN, F and BA. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.

The badge of a Ford Motor Co. E-Transit electric vehicle during a presentation in Washington, D.C., U.S., on Wednesday, July 28, 2021.

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