Inside Jim Cramer’s Charitable Trust: 10 Stocks He Actually Owns

8. The Boeing Company (NYSE:BA)

The Boeing Company (NYSE:BA) booked 165 commercial jet orders in October, including 140 737 MAX jets for aircraft lessor Avolon. It delivered 49 airplanes, down from 57 in September. The slowdown matters for cash flow because customers pay the outstanding balance just before or at delivery.

Boeing ended September with more than 6,300 commercial airplanes on order and a companywide backlog of $745 billion. Even with that much business lined up, it generated $464 million in free cash flow in the third quarter and posted a $116 million net loss.

When a Mad Money caller asked about aircraft-parts maker HEICO on September 29, Cramer liked the business. It is worth noting that owning Boeing in his Charitable Trust had convinced him to wait for a change outside the factories before recommending aerospace stocks.

7. Wells Fargo & Company (NYSE:WFC)

Cramer’s Charitable Trust upgraded Wells Fargo & Company after its October earnings report sent the shares lower. The bank earned $1.87 per diluted share in the third quarter, up from $1.66 a year earlier, as revenue rose and noninterest expenses fell. Wells Fargo set aside $1.03 billion for credit losses, up from $681 million a year earlier.

Since the Federal Reserve lifted its $1.95 trillion cap on Wells Fargo’s assets in 2025, the bank has had room to lend more. In the third quarter of 2026, its loans averaged $1.03 trillion, about $105 billion more than a year earlier. The larger loan book helped lift net interest income 5% to $12.52 billion. Analysts had expected $12.63 billion. Higher deposit costs and lower rates on floating-rate assets weighed on net interest income.

In April, Cramer thought Wells Fargo shares might be close to a bottom. The stock was cheap, but what he found in the bank’s loan book left him cool on a holding he had once praised as a turnaround. When the shares fell after October earnings, Cramer pointed to a change Charlie Scharf had made inside the bank that helped explain why the trust was willing to upgrade it. He said:

When Wells reported yesterday morning, I have to tell you, they delivered a revenue miss, but it was paired with a 2-cent earnings beat off a $1.85 basis. That gave them 13% earnings growth. That’s nice growth for a bank. Their net interest income came in a tad light, as did their non-interest income. Could have been worse, though. Wells saw its net interest margin, what they make off the difference between the interest they pay you for deposits and the interest they charge you for loans, actually stabilize and came in slightly higher than expected. That’s a really good sign. I’ve been waiting for this to happen. These guys had missed the net interest margin estimates for nine of the past 10 quarters. They said this number would stabilize, and that’s what they delivered. I thought that was very positive.

What else? Wells saw some good numbers from its small but growing investment banking division. They’re taking share in equity capital markets, although their trading business took a hit and their wealth management unit came up a bit short. That said, Wells continues to perform well on the cost control front. Its efficiency ratio… that’s cost divided by revenues, came in at 63%, down from 65% a year ago. Keep in mind, with the efficiency ratio, lower is better. Charlie Scharf, the CEO, has really cut the headcount here. This bank is running very well. In the end, though, the stock still dropped 3% yesterday because, you know, sure, it did stabilize today, but tough for Wall Street to forgive that revenue miss. But I think we’re getting a viable pullback here, which is why we just upgraded Wells Fargo for the Charitable Trust.

6. Salesforce, Inc. (NYSE:CRM)

Salesforce, Inc. (NYSE:CRM) said on November 4 that more than 185,000 people were using Agentforce Coworker, its AI assistant for business users, and that usage had grown 21-fold in three months. The distinction between usage and revenue matters for a company that has traditionally charged customers by the employee. If AI helps a sales team do more work with fewer people, Salesforce can still earn more from that account when it charges for the work its software performs.

Salesforce’s fiscal second-quarter revenue rose 11% to $11.3 billion, including $456 million from its acquisition of Informatica. Revenue under contract and expected to be recognized within 12 months reached $33.5 billion, up 14%. That figure covers the wider business, including products customers were buying before Agentforce.

In September, Cramer told viewers his Charitable Trust owned Salesforce. What interested him was what a salesperson could learn from customer records already sitting in the system. On October 29, Cramer said Salesforce shares had fallen largely because investors were worried about ServiceNow’s earnings. He pointed out that Salesforce charges per user for some marketing products and had introduced pricing based on usage for Agentforce.

5. GE Vernova Inc. (NYSE:GEV)

GE Vernova Inc. (NYSE:GEV) agreed on October 28 to buy Trench Group, one of its suppliers, for the equivalent of $9 billion. Trench makes high-voltage equipment used to move electricity across the grid. Buying it would give GE Vernova more control over the supply of components its electrification business already needs. The company expects to fund the purchase roughly equally with cash and debt, with closing expected in late 2027.

Demand for equipment to generate that electricity is also running years ahead of delivery. GE Vernova ended the third quarter with 122 gigawatts of gas power equipment covered by firm orders or agreements to reserve manufacturing slots. It is significant to consider because a customer can reserve a slot before placing a firm order. Across the business, quarterly revenue rose 27% to $12.6 billion. A drop of nearly 9% after earnings in July hit close to home for Cramer, who told viewers how much GE Vernova mattered to his Charitable Trust, as he said:

I see today’s decline, actually, yes, indeed, as a buying opportunity, but Wall Street can’t seem to look past the earnings miss. I would say this, though: if GE Vernova keeps getting hammered, you’ve got my blessing to keep buying it on weakness, and you might find my Charitable Trust buying right alongside you, even as we have a much lower cost basis from long ago.

In October, a caller wanted to know whether problems with the data-center buildout might hurt Vertiv, a supplier of power and cooling systems. Cramer took GE Vernova as his starting point and explained when he would buy Vertiv for exposure to the same boom.