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…
Read More: Here’s our April rapid-fire update on the stocks in the Club