We are selling 185 shares of Best Buy at roughly $89.98 Following the trade, Jim Cramer’s Charitable Trust will own 765 shares of BBY, decreasing its weighting to about 2.0% from 2.5%. We’re also buying 25 shares of Danaher at roughly $243.21 and 25 shares of Constellation Brands at $236.36. After the trades, we will own 500 shares of Danaher, boosting its weighting to 3.50% from 3.3%, and 425 shares of Constellation Brands, increasing its weighting to 2.90% from 2.70%. We’re locking in profits in Best Buy based on a theme developing this earnings season. A handful of stocks started to rally late in the summer on optimism around interest rate cuts, and now many of those companies are giving back gains on underwhelming guidance. We’re seeing two good examples in the housing complex Tuesday, with home builder D.R. Horton and Club-owned toolmaker Stanley Black & Decker selling off on their respective reports. Best Buy still has a strong long-term thesis — rooted in a refresh cycle for PCs and other consumer electrics innovations lifting comparable sales back into positive territory — but it also needs existing home sales to pick up again, which would drive purchases of appliances and TVs. With mortgage rates moving in the wrong direction, we want to protect our gains and be ready to buy at lower prices in case there is disappointment when Best Buy itself reports in late November. From this sale, we’ll realize a gain of about 10% on stock purchased in March 2024. We’re taking the Best Buy sale proceeds to pick up shares in two stocks that have been beaten up post-earnings: Danaher and Constellation Brands. As noted in Monday’s Homestretch , Danaher stock last week suffered its worst weekly performance since 2020. The decline looks excessive considering the quality of the company and the nature of the quarter. Danaher reported a much better-than-expected third quarter , featuring a return to core growth in bioprocessing for the first time since late 2022 to early 2023. The bioprocessing recovery has been the main focal point of investors for years, so it was reasonable to think the stock would have rallied after the quarter. In fact, it did in premarket trading, but then it sold off hard during the conference call after management gave conservative commentary about the fourth quarter and 2025. We do not think this is a sign that management is worried about its business. Instead, we see this as executives being their usual, conservative selves. They like to keep expectations reasonable and then beat them. Expectations for 2025 are now much lower than where they were two weeks ago, all while the bioprocessing recovery thesis is intact. That gives us the confidence to make another buy after unloading a total of 125 shares at $269 in July and September. Our first purchase came last Wednesday , the day after earnings. As for Constellation Brands, we are adding to our position on the belief the stock, at roughly 17 times forward earnings, is now a good value. For a company that consistently delivers double-digit earnings growth, that’s an attractive multiple to step in. Plus, the market isn’t appreciating Constellation’s emerging free cash flow growth story. The Corona and Modelo parent is a couple of quarters away from moving past its peak investment phase for brewery capacity expansion. Once Constellation puts that in the rearview mirror, a new phase predicated on returning cash to shareholders will begin. The consensus free cash flow estimate for the current fiscal year is $1.6 billion, according to FactSet. Analysts expect this will grow to about $2 billion in fiscal 2026 and $2.7 billion in fiscal 2027 as capital expenditures plummet. In the future, we expect bigger buybacks and dividend increases. Presidential election risk appears to be an overhang on Constellation stock right now due to concerns about stricter immigration policy and tariffs on goods from Mexico. However, these headwinds may be overblown. (Jim Cramer’s Charitable Trust is long BBY, STZ and DHR. 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.