Jim Cramer’s Charitable Trust is selling its remaining 300 shares of Advanced Micro Devices (AMD) at about $122 each, exiting the position due to competitive pressures from custom AI chips favored by major hyperscalers. The Trust is also purchasing 25 shares of Constellation Brands (STZ) at approximately $221, increasing its portfolio weighting. STZ has faced challenges in 2024, with its stock down 14% due to concerns over its wine and spirits unit and potential import tariffs. However, at 15 times earnings estimates, the Trust sees value and expects a shift towards free cash flow and higher shareholder returns in 2025.
