We’re trimming this materials stock after it battled back from an earnings plunge


Source: cnbc.com cnbc.com

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We are selling 70 shares of Dupont at roughly $76.34. Following the trade, Jim Cramer's Charitable Trust will own 800 shares of DD, decreasing its weighting to 1.93% from 2.09%. DuPont has climbed nearly 14% since we bought 70 shares in February at around $67 , and we are selling the same amount of stock Wednesday. When we made the purchase back then, DuPont shares were trying to bounce back from their January plunge , which came after the chemical maker issued weak guidance for 2024. The company took down numbers significantly due to channel inventory destocking within its industrial...