Here’s our May rapid-fire update on all 34 stocks in Cramer’s Charitable Trust portfolio

Published Thu, May 5 20224:12 PM EDTUpdated Thu, May 5 20224:23 PM EDT

Kevin Stankiewicz @in/kevinstankiewicz @kevin_stank

Here's a rapid-fire update on every stock in the portfolio. Jim Cramer ran through all 34 of them during our "Monthly Meeting" on Thursday. Apple (AAPL) — Own Apple, don't trade it. We appreciate the iPhone maker's candid updates about the impact of lockdowns in China. AbbVie (ABBV) — Mixed quarter recently and the stock has come in. But the combo of its pharma pipeline and dividend yield make the stock a buy here. American Eagle Outfitters (AEO) — We've held on too long to this troubled stock. The retailer can afford to make dividend payments, though, which is one reason why we're still holding on. Advanced Micro Devices (AMD) — Frustrating to see the stock fall so far this year, but the company is doing so well and taking share from rival Intel . Amazon (AMZN) — Glad we sold some at higher prices a little bit longer ago. Willing to give Amazon another quarter, but may look to exit the position if it squanders its second chance. Boeing (BA) — Wish we sold more Boeing earlier this year. The company is too poorly run to be in the portfolio. Bausch Health Companies (BHC) — We admit we got into this one too early, but it doesn't make sense for the stock to be this low. The company's upcoming breakup should help. Constellation Brands (STZ) — We called this one up from the Bullpen, about two and half weeks after it was added to the Club's equity watch list. Initiated a position Thursday with $300 price target. Costco (COST) — Costco has become the Apple of retailers. The wholesale chain is still a bargain here, and it's a buy after Wednesday's quarterly results. Salesforce (CRM) — Would like to buy back some of the stock we sold at higher levels, but can't find a real reason to do so other than the stock as simply gotten cheaper. Cisco Systems (CSCO) — A little concerned about how global business slowdown is impacting the company. But we like its valuation, dividend payout and CEO Chuck Robbins, so we're willing to hold on a little longer. Coterra Energy (CTRA) — Another one of our energy plays. We like its mix of oil and natural gas revenues. We initiated the stock last month . Chevron (CVX) — Warren Buffett's Berkshire Hathaway buying up Chevron shares was a great endorsement for a stock we own and like, too. Danaher (DHR) — Had a great quarter. Don't be deceived by this recent decline. We'll keep adding to our position to increase its weighting in the portfolio. Disney (DIS) — The 21st Century Fox under ex-CEO Bob Iger is still a drag on Disney. However, we think its balance sheet can be fixed and the stock is our No. 1 name to buy once our trading restrictions lift (see the end of the story for more info on those restrictions). Devon Energy (DVN) — Management remains tremendously disciplined with its strategy to return capital to shareholders. It benefits from oil prices remaining elevated. Ford Motor (F) — Sold some Ford around $25 per share. Not ready to buy it back yet. We hope to see improvement in the chip situation. Meta Platforms (FB) — Second-cheapest stock in Cramer's 'FAANG,' which stands for Facebook, Amazon, Apple, Netflix and Google parent Alphabet. We're bullish on the growth of its TikTok competitor Reels. We're believers in CEO Mark Zuckerberg overcoming near-term challenges. (Never owned Netflix. But we own the others.) Alphabet (GOOGL) — The cheapest stock in FAANG. While there was a slowdown in YouTube ad sales, we think it was an all-around strong first quarter. Halliburton (HAL) — This is a bet that oil drilling activity will pick up if crude prices continue to be elevated. Honeywell (HON) — Very good, but not great quarter. It has the right product portfolio for this market, with refining chemicals, climate controls and aerospace. Humana (HUM) — The broad health-care cohort is struggling, keeping Humana down. Its most recent quarter was strong, though. Think it's ready for a move higher. Eli Lilly (LLY) — Our favorite drug stock. It has the best pipeline, including its experimental weight loss and Alzheimer's drugs. Linde (LIN) — The company consistently grows, but its stock is volatile. That's not a good reason to sell the stock, though. Marvell Technology (MRVL) — Chip firm is doing incredibly well in its main end markets of high-performance computing and 5G. We welcome its pullback to buy more at a lower price. Morgan Stanley — Solid dividend yield and buyback program. We think it can be bought here. Microsoft (MSFT) — Had a fabulous quarter, but is likely to struggle until we get relief from the 10-year Treasury yield . Nvidia (NVDA) — Multiple long-term tailwinds are still intact like the Internet of Things and machine learning. Think the stock may be bottoming here after sharp pullback. PayPal (PYPL) — We were wrong to trust in the optimistic outlook CEO Dan Schulman offered last year on "Mad Money." We should've been more willing to sell this stock once that became apparent. Procter & Gamble (PG) — This is a stock to buy when everyone else hates it. We want to buy more. Qualcomm (QCOM) — Waiting for the market to catch on to QCOM's diversification strategy into growth markets like auto. We could've waited to initiate our position, but we like this one for long-term still. Wells Fargo (WFC) — Should be bought aggressively here. Has a great earnings profile, given its large customer deposit base. Walmart (WMT) — Frustrated with the stock's apparent inability to break out. May look to exit our position if the stock gets back up to $159 per share. Wynn Resorts (WYNN) — Reopening trade gone wrong, as China's strict Covid policies have persisted. (See more statistics here on the stocks in Jim Cramer's Charitable Trust.) 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.

Scott Mlyn | CNBC