Jim Cramer is contemplating selling more of this tech giant after a big rally to record highs
Every weekday the CNBC Investing Club with Jim Cramer releases the Homestretch audio feature in time for the last hour of trading on Wall Street. Here's today's edition. Market moves: Stocks were still higher Thursday. Things that caught our eye include Eli Lilly and Broadcom overtaking Tesla in market cap due to the selloff in the EV maker. On the regulatory front, the Federal Trade Commission issued orders to Alphabet , Amazon , Microsoft , OpenAI, and Anthropic requiring them to provide information about their investments and partnerships involving generative AI. Tech titan moves higher: Some the Super Six stocks were down Thursday, but Alphabet was making a new high. We think we should sell some because these mega-caps have had such a huge run that has continued into the new year. Jim Cramer said Thursday he's thinking about it. Next week is the big week of earnings where expectations are going to be high to beat numbers. These tech names are still the stocks we want to be in long-term. Club winners: Our China-focused stocks were making moves. Shares of Wynn Resorts were higher after Las Vegas Sands reported Wednesday night and was upbeat about Macao. Estee Lauder rose after LVMH reported its results. Our automaker Ford was also up after Tesla reported a disappointing earnings print. In a slower EV demand environment, we like Ford's strong lineup of ICE and hybrid vehicles. Club laggards: Looking at what was down in the portfolio Thursday, there were a handful of stocks that have had big runs recently including Costco , Palo Alto , Broadcom and Eli Lilly . Since there's no specific news on the stock moves and it could be that investors were taking some profits after their big runs. Stay cautious: Jim tossed around the idea of adding another cyclical stock. He made his case for Dow Inc. since Dupont was in the penalty box. Dow, on the other hand, is unique in how strong it has been in this point in the cycle without a lot of inventory coming on. "We haven't paid enough attention to inventory," Jim said. "If it's got a lot of inventory, please be careful," he added. As an aside, Jim said it wouldn't surprise him if Tesla had a lot of inventory. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) 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.