We're buying 25 shares of Pioneer Natural Resources (PXD), at roughly $233.66 a share.
Following Wednesday's trade, Jim Cramer's Charitable Trust will own 150 shares of PXD, increasing its weighting in the portfolio to 1.23% from 1.03%.
In that context, we view today's underperformance in energy stocks, relative to the movement in the commodity, as an opportunity to pick up more shares of Pioneer Natural Resources into weakness.
Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
A drilling rig operates in the Permian Basin oil and natural gas production area in Lea County, New Mexico, February 10, 2019.