We're buying more shares of 2 stocks — both are focused on hot markets

Published Fri, Nov 14 202511:17 AM ESTUpdated Fri, Nov 14 202511:23 AM EST

We're buying 80 shares of Corning at roughly $83 each and 50 shares of Honeywell at roughly $197. Following Friday's trades, Jim Cramer's Charitable Trust will own 600 shares of GLW, increasing its weighting to 1.3% from 1.14% and 450 share of HON, increasing its weighting to 2.4% from about 2.1%. We're nibbling on a couple of stocks after Thursday's market-wide selloff and a lower open on Friday. We're buying more shares of Corning, the fiber-optic cable maker. This is the second time this week we added to this position. Corning shares fell more than 7% on Thursday as part of the broader AI selloff, but we're not backing away from the one, given increasing fiber content usage in data centers. The second stock we're buying is Honeywell. Despite spinning off its lower-multiple, capital-intensive Solstice Advanced Materials business, shares have fallen from about $208 following a better-than-expected earnings report on Oct. 23 to roughly $197. We see the pullback as a chance to add to the newly focused aerospace and industrial automation company, which plans to separate once again in the second half of next year. We are also adjusting our price target from $255 per share to $242 to account for the separation of Solstice, which we also own because of shares received in the spinoff. (Jim Cramer's Charitable Trust is long GLW, HON. 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.