Cramer Plans to Trim Data Center Stocks After Portfolio Held More Than 15% Cash

Jim Cramer plans to reduce data center stock exposure in his Investing Club portfolio, which held more than 15% in cash as a volatile week sharpened his focus on businesses outside artificial intelligence. Cramer outlined the shift at the club's annual meeting Friday, Nov. 6. The cash allocation exceeded 15% at the meeting, while his stated preference was to direct more of the portfolio toward companies beyond the AI trade. His plan concerns the portfolio's stock holdings. During the week ended Nov. 6, the portfolio increased its Boeing and Goldman Sachs positions and took profits in Cardinal Health. It also trimmed Eli Lilly and reduced its DuPont holding twice. Cramer also named FedEx and Kimberly-Clark among stocks he favored.

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