Shortly after the opening bell, we will be selling 15 shares of Goldman Sachs at roughly $949.00 and 100 shares of Wells Fargo at roughly $95.02. Following the trade, Jim Cramer's Charitable will own 185 shares of GS, decreasing its weighting to about 4.50% from about 4.80% and 1,600 shares of Wells Fargo , decreasing its weighting to 3.87% from 4.10%. We're following up on our plan to book profits in Goldman Sachs and Wells Fargo now that we are no longer restricted from trading these two stocks. Last week, we spoke a few times about lightening up on these two positions out of fear of being greedy. We also mentioned Capital One as a trim idea, but we are not selling any Tuesday because Monday's 6% sell-off, driven by fears of a potential cap on credit card interest rates, may be overblown . Wells Fargo is scheduled to report its fourth-quarter earnings on Wednesday morning, and we'll hear from Goldman Sachs on Thursday. Our small trims on Tuesday aren't based on expectations about the upcoming quarters. Rather, these sales are about rightsizing our exposure to the financial group after a strong run to start the new year. From this sale, we will realize a gain of about 69% on Goldman shares purchased in December 2024 and a gain of about 200% on Wells Fargo shares purchased in January 2021. (Jim Cramer's Charitable Trust is long GS, WFC and COF. 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.
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