We’re selling 120 shares of Dover at roughly $207. Following Thursday’s trade, Jim Cramer’s Charitable Trust will own 600 shares of DOV, decreasing its weighting to about 3.2% from about 3.75%. We’re raising more cash for the portfolio into strength after the S & P Short Range Oscillator officially entered overbought territory. Following Wednesday’s session, the Oscillator increased to 4.39% — above the 4% theshold for a technically overbought market. When this happens, our discipline kicks in, and we look to trim positions that have moved up. Dover has been on an absolute tear since it reported third-quarter earnings on Oct. 23. Including their 8% rally that day, shares of the industrial conglomerate have gained nearly 24%. One of the key drivers of this strength was CEO Richard Tobin saying that he is not forecasting a decline in revenue for any business in 2026. In another sign of confidence about the future, the company launched a $500 million accelerated share repurchase program in November. DOV mountain 2025-10-22 Dover stock performance since late October Dover has been a major test of our patience over the past 18 months, and finally, we’re being rewarded. Analysts are starting to get on the bandwagon, with UBS upgrading its rating on the stock to a buy on Jan. 4, and Citi adding a 90-day upside catalyst watch earlier this week. We expect Dover to deliver another year of double-digit earnings growth in 2026. That said, we do want to lock in some gains after this big run and downgrade our rating to a hold-equivalent 2 . From this sale, we will realize a gain of about 11% on stock purchased in May 2024. (Jim Cramer’s Charitable Trust is long DOV. 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.
We’re booking some profits in a rallying stock that rewarded our patience
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