Cisco Systems

The Charitable Trust is divesting 100 shares of Cisco Systems for approximately $87 per share, reducing its weighting to 2% to lock in gains ahead of earnings. Concurrently, it’s acquiring 30 shares of Alphabet at about $318 per share, increasing exposure to 1.2%. This reallocation capitalizes on Cisco’s rally while increasing investment in Alphabet, whose strong fundamentals are being overlooked due to market concerns over its significant capital expenditures.

This week’s portfolio adjustments involve a partial sale of Cisco (CSCO) due to security revenue concerns, despite long-term AI optimism. Proceeds are strategically reinvested into Corning (GLW) and Meta Platforms (META). Corning is expected to benefit from growing demand for fiber optic solutions driven by AI data center infrastructure. Meta is seen as undervalued after a recent pullback, presenting an attractive entry point based on its AI potential and monetization capabilities.. These moves aim to balance risk and capitalize on long-term growth trends in AI and data infrastructure.