were buying 30 shares of estee lauder el at roughly 23561 each 25 shares of palo alto networks panw at roughly 18735 and 25 shares of pioneer natural resources pxd at roughly 19687 following mondays trades jim cramers charitable trust will own 300 shares of el increasing its weighting in the portfolio to 280 about from 252 225 shares of panw increasing its weighting to 167 from 148 150 shares of pxd increasing its weighting in the portfolio to 115 from 096 were putting some of our big cash position to work monday morning consistent with jims messaging sunday evening  el ytd mountain estee lauder el ytd performance were buying more shares of estee lauder  a leader in prestige beauty and one of the best consumer plays on the reopening china after abandoning zero covid despite recent weakness in estee lauders stock recent checks into the beauty industry remain positive on its earnings call last thursday ulta beauty utla called out doubledigit growth in its prestige skincare lineup accelerating growth in makeup and a strong quarter in fragrances panw ytd mountain palo alto networks panw ytd performance were adding to our palo alto networks position one of the big data points that came out of the companys recent blowout earnings report was how palo alto has now achieved gaap profitability over its past four quarters gaap stands for generally accepted accounting principles this achievement is worth highlighting because it makes the company eligible for inclusion in the s  p 500  and heres the thing the s  p 500 has lost a couple of constituents over the past couple of days due to regulators first taking over silicon valley bank parent company svb financial  and now signature bank  we already know insulet podd a make of an insulin delivery system is taking over svbs place but the upcoming removal of signature has created another open slot we dont know where palo alto networks is in the queue but we think its time is coming and its addition to the index would be a nice bonus for shareholders based on the history of other stocks popping in reaction to the news pxd ytd mountain pioneer natural resources pxd ytd performance were also buying an oil stock pioneer natural resources  into mondays energy rout and upgrading our rating back to a 1  were only buying back 25 shares of the 75 recently trimmed at around 207  but we like this energy stock for its hefty annual dividend yield that looks a whole lot better with rates down with a breakeven at 39 per barrel of west texas intermediate crude pioneer can generate a large amount of free cash flow in this environment even with mondays decline wti was still above 76 per barrel other club buy ideas elsewhere in the portfolio we reiterate what we said in mondays extended version of the morning meeting theres nothing wrong with being defensive right now and adding to positions in health care and staples like the johnson  johnsons and the procter  gambles of the world these are groups that have been hit hard as rates increased and the us dollar strengthened and now they may finally be able to rally because rates and the dollar are down we include costco cost in this group because this lowprice wholesale retailer always tends to do well when people are concerned about the economy we are upgrading cost back to a 1 rating lastly one more buy idea on our radar list is caterpillar cat shares have been hard in the past week over concerns about backlog growth but we own this for infrastructure spending which we see as a multiyear theme due to the federal governments commitment to rebuilding also if the fed is really close to nearing the end of its tightening cycle then we want to have more exposure to a highquality cycle see here for a full list of the stocks in jim cramers 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 trusts 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