We are selling 50 shares of Corning at roughly $200.76 and 275 shares of Wells Fargo at roughly $78.82. Following the trades, Jim Cramer's Charitable Trust will own 550 shares of GLW, decreasing its weighting in the portfolio to 2.75% from 3%. It will also own 1,400 shares of WFC, decreasing its weighting to 2.75% from 3.25%. We're making a couple of more sales in the portfolio, per Jim's comments on Tuesday's Morning Meeting. Shares of optical cable supplier Corning are back trading near $200 thanks to a more than 10% rally on Tuesday. The stock traded higher after Nvidia CEO Jensen Huang highlighted the importance of optics to the data center buildout, noting that copper has its limits as AI computing gets more intense. This will be our first sale since February, and our first since Corning announced its long-term partnership with Nvidia in May. The deal with Nvidia included a commitment to dramatically increase U.S.-based optical connectivity manufacturing capacity and expand U.S. fiber production capacity by more than 50%. While we continue to believe Corning has a bright future ahead, Jim believes it's prudent to take gains here after a big run. From this sale, we will realize a gain of about 133% on stock purchased in October 2025, compared with a roughly 13% advance in the S & P 500 over that stretch. We will also sell some shares of Wells Fargo. During our Monthly Meeting last week, we voiced our continued frustration with the bank following two straight subpar quarters. The stock has been disappointing this year, but it's been able to string together a few positive weeks in a row, pushing shares from around $73 in mid-May to $78 today. We're lightening up here after this bounce off the recent low. From this sale, we will realize an average gain of about 150% on stock purchased in January 2021. (Jim Cramer's Charitable Trust is long GLW, WFC and NVDA. 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.
<small>Source: CNBC</small>
