The Club held its “Monthly Meeting” for April on Tuesday, providing a window into our current thinking on the stocks in Jim Cramer’s Charitable Trust — including an updated list of the 10 core holdings in the portfolio. Those 10 companies , which we generally view as the best in their respective industries, are Apple (AAPL), Costco Wholesale (COST), Morgan Stanley (MS), Johnson & Johnson (JNJ), Starbucks (SBUX), Danaher (DHR), Nvidia (NVDA), Linde (LIN), Eli Lilly (LLY) and Pioneer Natural Resources (PXD). In addition to an in-depth look at the core holdings, we’re providing key takeaways here on the other 25 stocks in the Club’s portfolio. Advanced Micro Devices (AMD): Bottoms are increasingly evident in the chipmaker’s key end-markets like personal computers, laying the groundwork for AMD’s business to meaningfully turn around later this year. When AMD reports earnings next week, we’ll be looking for signs that its integration of Xilinx has proven a success. Amazon (AMZN): Investors will be looking closely at profit margins and the growth rate at cloud unit Amazon Web Services when the company reports earnings after the closing bell Thursday. We maintain our view that the ecommerce giant can do more to improve its bloated cost structure. Bausch Health (BHC): For the pharmaceutical company’s stock to gain any traction, Jim said it needs to win the fight over its Xifaxan drug patent . We wish we had more insight into that legal dispute than management has provided. Caterpillar (CAT): A flood of U.S. government spending on infrastructure should provide multiyear tailwinds to Caterpillar’s business starting this year. But in the near term, investor attention will be on the health of its order backlog when the manufacturing company reports first-quarter earnings before the opening bell on Thursday. Salesforce (CRM): Questions continue to swirl about the overall state of enterprise software spending. But at Salesforce, CEO Marc Benioff is ushering in a slimmer, more-profitable version of the company. The newfound cost discipline is what shareholders like us — and the numerous activist investors that have swarmed Salesforce in recent months — wanted to see. Cisco Systems (CSCO): Wall Street seems to believe that Cisco will never see a period of meaningful growth again. The pessimistic attitude has prevented Cisco shares from breaking out, even as the company has reported quality results of late. Its next earnings release, set for May 17, may provide a spark for the stock and give us a chance to sell. Coterra Energy (CTRA): Jim said for those wanting to put money to work in one of the Club’s energy holdings right now, Coterra is his top choice. Management has wisely made stock buybacks a major priority, and the company’s exposure to natural gas should pay off over the long term. Disney (DS): The media-and-entertainment giant’s stock performance has been exceedingly frustrating. But there’s no denying Disney’s franchise value . As the company’s cost-cutting moves under CEO Bob Iger take hold, an inflection point should arrive. Unfortunately, it might not happen when the company reports fiscal second-quarter results May 10 and, instead, may be more of a third-quarter earnings story. Estee Lauder (EL): Shares of the prestige cosmetics firm have climbed more than 30% from early November lows. And there’s more upside ahead for the stock, as China’s economy continues to reopen this year. China accounts for roughly a third of Estee Lauder’s total revenue. Emerson Electric (EMR): We remain frustrated with management at this automation-focused industrial, despite it ultimately reaching an amicable deal to buy National Instruments (NATI) following an initial hostile-takeover bid. Jim said he’s giving the company six months to demonstrate its strategy is working, or else we’ll part ways. Ford Motor (F): The automaker is another Club holding on a short leash. After a disappointing fourth-quarter print, we’re hoping to see evidence that CEO Jim Farley has righted the ship. We remain curious about the potential impact Tesla ‘s (TSLA) aggressive price cuts on electric vehicles could have on Ford and its legacy peers. Foot Locker (FL): We added to our newest Club holding on a pullback Monday. We’re banking with CEO Mary Dillon, whose impressive run leading Ulta Beauty (ULTA) instills confidence in her ability to turn around the sportswear retailer. Alphabet (GOOGL): The tech behemoth has been dropped from our core-holdings list, replaced by Nvidia. Jim said his faith in Google’s parent company has waned because it has failed to capitalize on a range of initiatives outside its core search engine business. Faced with increased competition around artificial intelligence, Jim said he wants to see improving financials at Alphabet, not just talk. Alphabet reported better-than-expected first-quarter results after the closing bell on Tuesday. Halliburton (HAL): Halliburton’s first-quarter earnings, released before the bell Tuesday, fortified our conviction in the oilfield services firm . The results were considerably better than the stock’s 3.5% drop would indicate. Honeywell International (HON): Honeywell was replaced by Linde on our core-holdings list. Our rationale for the switch largely centers around the industrial conglomerate’s upcoming CEO shakeup. With the retiring Darius Adamczyk set to be replaced by Vimal Kapur in June, we’re in wait-and-see mode with the stock. Humana (HUM): The market frequently changes its mind about Humana. One week, the health-care stock will be firmly out of favor. Investors will then return to Humana and its managed care brethren when economic slowdown fears are more pronounced. That’s been the case so far this week, with the stock up more than 2%. We’ll see if the traction sticks after Humana reports Wednesday morning. Meta Platforms (META): CEO Mark Zuckerberg’s “year of efficiency” has propelled the social media firm’s stock more than 70% higher this year, following a brutal 2022. Zuckerberg deserves credit for reining in costs. But now we want to see whether the Facebook and Instagram parent can begin to reaccelerate top-line growth. It reports quarterly numbers after Wednesday’s close. Microsoft (MSFT): After Tuesday’s close, Microsoft issued better-than-expected quarterly numbers and strong revenue guidance, while highlighting its AI prowess — a key pillar of our investment thesis. Palo Alto Networks (PANW): Cybersecurity spending has been resilient despite concerns about an economic slowdown, which is why we continue to stick with Palo Alto. We purchased 25 shares on April 10, gradually growing our position in a company we first bought in February. Procter & Gamble (PG): The consumer products giant on Friday delivered an earnings beat , while raising its full-year guidance. Crucially, P & G’s volumes were down only 3%, despite a 10% price increase. A rollover in chemical prices, along with declining freight costs, should help lift the company’s profitability in the coming quarters. Qualcomm (QCOM): Jim said he remains committed to exiting our Qualcomm position into strength. He acknowledged that the chipmaker’s low price-to-earnings multiple hasn’t been enough for the investment to be fruitful. Constellation Brands (STZ): Wall Street hasn’t seemed to appreciate the quality guidance the Corona beer parent issued in early April. We’re more than wiling to be patient, though, especially knowing Constellation just hiked its dividend by 11% . TJX Companies (TJX): The off-price retailer may prove to be a beneficiary of Bed Bath & Beyond’s bankruptcy . Jim said he’s shocked TJX’s stock price isn’t higher, while urging Club members to be patient with their ownership. Wells Fargo (WFC): When turbulence strikes shares of Wells Fargo, it could be an opportunity to buy the stock, not sell it. With each passing quarter, the bank continues to resolve regulatory issues that have plagued it for years. Wynn Resorts (WYNN): Like Estee Lauder, Wynn Resorts is a play on China’s economic recovery after roughly three years of Covid-19 restrictions. Shares of the casino operator have almost doubled over the past six months, but the turnaround of its business in the Chinese gaming hub of Macao is still playing out. (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.
Jim Cramer at the NYSE, June 30, 2022.
Virginia Sherwood | CNBC
The Club held its “Monthly Meeting” for April on Tuesday, providing a window into our current thinking on the stocks in Jim Cramer’s Charitable Trust — including an updated list of the 10 core holdings in the portfolio.
Paris’ bike-share system, Vélib has long been considered one of the shining success stories of urban micromobility. With a massive fleet of over 20,000 pedal and electric-assist bicycles around Paris, the service has helped millions of residents and tourists get around the City of Light without needing a car or scooter. But lately, a growing problem is threatening to knock the wheels off this urban mobility marvel: theft and joyriding.
According to city officials and the service operator, more than 600 Vélib bikes are now going missing every single week. That’s over 30 bikes a day simply vanishing from the system – some stolen outright, others taken on “joy rides” and never returned.
“At the moment we’re missing 3,000 bikes,” explained Sylvain Raifaud, head of the Agemob company that currently operates the Velib system. That’s nearly 15% of over 20,000 Vélib bikes across Paris.
The sticky-fingered culprits aren’t necessarily professional thieves or organized crime rings. Instead, they’re often regular users who treat the shared bikes like disposable toys.
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The city estimates that many people have figured out how to pry the bikes out of the system’s parking docks, unlocking one for a casual cruise and then ditching it somewhere far from a docking station.
Once pried free, the bikes are technically usable for the next 24 hours until their automatic locking feature kicks in. At that point, the bikes are often simply abandoned. Some end up in alleyways. Others get tossed in rivers. A few just disappear completely.
And since the bikes are intended to be parked at their many docking stations around the city, they don’t have GPS chips, further complicating recovery of “liberated” bikes.
The issue started small but has grown into more than an inconvenience – it’s beginning to undermine the entire purpose of the service. With bikes going missing at such a high rate, many Vélib docking stations are left empty, especially during rush hours.
Riders looking for a quick commute or a convenient hop across town are increasingly finding themselves without available bikes, or having to walk long distances to find a functioning one.
That kind of unreliability chips away at user confidence and threatens to drive potential riders back into cars, cabs, or other less sustainable forms of transport at a time when Paris has already made great strides to dramatically reduce car usage in the city.
The losses are financially painful, too. Replacing stolen or vandalized bikes isn’t cheap, and the resources spent on tracking down missing equipment or reinforcing anti-theft measures are stretching thin. Vélib has faced theft and vandalism issues before, especially during its early years, but this latest surge has officials sounding the alarm with renewed urgency.
Officials acknowledge that there’s no easy fix. Paris, like many cities with bike-share systems, walks a fine line between accessibility and accountability. Part of what makes Vélib so successful is its ease of use and widespread availability. But those same features make it vulnerable to misuse – especially when enforcement is limited and the consequences for abuse are minimal.
The timing of the problem is especially unfortunate. In recent years, Paris has seen impressive results in reducing car traffic, expanding bike lanes, and promoting cycling as a key part of its sustainable transport strategy. Vélib is a cornerstone of that plan. But if the system becomes too unreliable, it risks losing the very people it was designed to serve.
Meanwhile, as Parisians increasingly find themselves staring at empty docks, the challenge for the city and Vélib will be to restore confidence in the system without making it harder to use. That means striking the right balance between freedom and responsibility, between open access and protection against abuse.
In a city where cycling is supposed to be the future of mobility, losing thousands of bikes to joyriders and sticky fingers isn’t just frustrating; it’s unsustainable.
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U.S. President Donald Trump and Elon Musk attend a press event in the Oval Office of the White House in Washington, D.C., U.S., May 30, 2025.
Nathan Howard | Reuters
When they lose a significant other, most men do indeed become a “TRAIN WRECK.” Then they pick up the pieces of their lives and start living again — paying attention to their personal grooming, hitting the gym and discovering new hobbies.
What does the world’s richest man do? He starts a political party.
Last weekend, as the United States celebrated its independence from the British in 1776, Elon Musk enshrined his sovereignty from U.S. President Donald Trump by establishing the creatively named “American Party.”
Few details have been revealed, but Musk said the party will focus on “just 2 or 3 Senate seats and 8 to 10 House districts,” and will have legislative discussions “with both parties” — referring to the U.S. Democratic and Republican Parties.
It might be easier to realize Musk’s dream of colonizing Mars than to bridge the political aisle in the U.S. government today.
To be fair, some thought appeared to be behind the move. Musk decided to form the party after holding a poll on X in which 65.4% of respondents voted in favor.
Folks, here’s direct democracy — and the powerful post-separation motivation — in action.
— CNBC’s Erin Doherty contributed to this report.
What you need to know today
And finally…
An investor sits in front of a board showing stock information at a brokerage office in Beijing, China.
US President Donald Trump, right, and Elon Musk, chief executive officer of Tesla Inc., during a news conference in the Oval Office of the White House in Washington, DC, US, on Friday, May 30, 2025.
Francis Chung | Bloomberg | Getty Images
When they find themselves without a significant other, most men finally start living: They pay attention to their personal grooming, hit the gym and discover new hobbies.
What does the world’s richest man do? He starts a political party.
Last weekend, as the United States celebrated its independence from the British in 1776, Elon Musk enshrined his sovereignty from U.S. President Donald Trump by establishing the creatively named “American Party.”
Few details have been revealed, but Musk said the party will focus on “just 2 or 3 Senate seats and 8 to 10 House districts,” and will have legislative discussions “with both parties” — referring to the U.S. Democratic and Republican Parties.
It might be easier to realize Musk’s dream of colonizing Mars than to bridge the political aisle in the U.S. government today.
To be fair, some thought appeared to be behind the move. Musk decided to form the party after holding a poll on X in which 65.4% of respondents voted in favor.
Folks, here’s direct democracy — and the powerful post-separation motivation — in action.
[PRO] Wall Street is growing cautious on European equities. As investors seek shelter from tumult in U.S., the Stoxx 600 index has risen 6.6% year to date. Analysts, however, think the foundations of that growth could be shaky.
And finally…
Ayrton Senna driving the Marlboro McLaren during the Belgian Grand Prix in 1992.
Pascal Rondeau | Hulton Archive | Getty Images
The CEO mindset is shifting. It’s no longer all about winning
CEOs today aren’t just steering companies — they’re navigating a minefield. From geopolitical shocks and economic volatility to rapid shifts in tech and consumer behavior, the playbook for leadership is being rewritten in real time.
In an exclusive interview with CNBC earlier this week, McLaren Racing CEO Zak Brown outlined a leadership approach centered on urgency, momentum and learning from failure.