Time to Ring the Cash Register
Cramer is paring a position that has performed fantastically.
I'm feeling piggish owning so much UnitedHealth Group (UNH) at an all-time high, and I'm going to sell 500 of my 3,000 shares after you read this. At $69.49, the stock is up 8 straight points, and I want to realize some of these gains lest UNH pull back before I get the chance. This sale takes my UnitedHealth position down below 5% of my overall portfolio.
Regards,
James J. Cramer
DISCLOSURE: At the time of publication, Cramer was long UnitedHealth.