Jim Cramer's Charitable Trust Buys Goldman Sachs Shares

Jim Cramer's Charitable Trust purchased 10 shares of Goldman Sachs at approximately $867 on Thursday, November 5, 2026. The acquisition occurred during a market sell-off that saw Goldman Sachs shares decline by roughly 7%. This price drop was driven by investor fears that growing opposition to data centers could limit AI-related IPOs and fundraising deals.

The purchase increases the trust's portfolio weighting in the bank to 3.6%. The trust cited the bank's consistent capital returns as the primary motivation for the investment, specifically noting a 2.3% dividend yield and a quarterly multibillion-dollar share repurchase program.

During the same period of market volatility, the trust also expressed interest in increasing its position in Boeing as that company's shares fell.