Here's a point-by-point rundown on why we're buying more of 3 portfolio stocks

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TJX Companies Inc News

Amazon.Com Inc,Starbucks Corp,Stanley Black & Decker Inc

With this trade, we are upgrading LIN and TJX to a 1 rating and reiterating our 1 rating on SWK shares.

We are buying 50 shares of Stanley Black & Decker at roughly $84.38, 25 shares of Linde at $416.58, and 50 shares of TJX Companies at $94.82. Following the trade, Jim Cramer 's Charitable Trust will own: 840 shares of SWK, increasing its weighting to roughly 2.30% from 2.17%; 190 shares of LIN, increasing its weighting to 2.60% from 2.25%; and 800 shares of TJX, increasing its weighting to roughly 2.47% from 2.32%.

Caution is just not what investors want to hear this earnings season. We view the pullback as a chance to buy more shares. Management is controlling what it can, including costs, which will set it up for the next cycle. In the meantime, we're being paid to wait with the dividend, which we can lock in at roughly 3.9% with today's purchase. Shares of TJX Companies are down since peaking at $101 in March. We're stepping in to buy the pullback in this best-in-class discount retailer.

Source: News Formal (newsformal.com)

Amazon.Com Inc Starbucks Corp Stanley Black & Decker Inc Linde PLC Linde PLC Jim Cramer Investment Strategy Markets Breaking News: Markets Business News

 

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