Here's an update on all 34 portfolio stocks, including the winners in a Trump presidency

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Here's a rapid-fire update on all 34 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. During the July Monthly Meeting on Wednesday, Jim analyzed the portfolio through the lens of how a Donald Trump victory in the November election would impact our stocks. Apple : If Trump wins the election, the former president threatens to impose tariffs of 60% to 100% on Chinese goods, which could hurt demand in the region — Apple's second-largest market. But the upcoming AI-integrated iPhone should spur sales, Jim said, ushering in an upgrade cycle for the company's flagship device. He also forecasted that shares will likely decline soon after hitting a series of record highs. A move lower for the stock, however, won't change the Club's "own it, don't trade" view. Abbott Laboratories : Baby formula litigation remains the biggest overhang on Abbott shares, and our view on it has yet to change. Abbott's lost market cap since mid-March, when rival Reckitt Benckiser lost a lawsuit over its formula, greatly exceeds the potential penalties it may need to pay. Advanced Micro Devices : Artificial intelligence remains a strong secular growth story, and our decision to restart a position in AMD on Monday reflects our belief in the company to benefit both in its data center business and PC unit. We added to our position again Wednesday in the sell-off. Amazon : With the stock being punished in the recent rotation out of tech, Jim said new investors can start to build a stake in the e-commerce and cloud giant around current levels. As always, start with a smaller stake to leave room to scale in over time. The stock isn't necessarily cheap, but so much is going right at the company. Broadcom : In our first 11 months owning Broadcom, its AI data center business has largely propelled the stock to impressive highs. Now the fruits of its VMWare acquisition, which closed late last year, are becoming impossible to ignore, offering a second wind for the stock. Best Buy : Trump's recent threat to impose tariffs certainly catches our attention considering some of the electronics Best Buy sells could be made in China. It would be too glib to say we're not concerned about a potential impact to sales, but we also recognize there's still an election to play out and the stepped-up tariffs are not a certainty. Costco : While Costco gets nearly 7% of its sales from China, Jim said it's unlikely its business would be threatened by geopolitics given the company's popularity in the country. Salesforce : The enterprise software maker's last quarter was not great, but over the long term the stock has proven itself to be a winner. It is well-positioned to unlock the power of AI for its customers, given their distinct data advantages. Coterra Energy : The oil-and-gas producer is a clear-cut winner if Trump wins in November. Earlier this year, the Biden administration paused approvals of liquefied natural gas exports. Coterra does well with bountiful export markets. Dupont : Jim said Dupont is a buy right here. A second Trump administration is likely to be more favorable toward mergers than the current White House, which would help Dupont as it embarks on a three-way breakup plan. Those soon-to-be standalone entities could become takeover targets. Danaher : The life sciences firm's business in China continues to be a drag on the company. At around 14% of sales, it's not so material that Danaher should be sold, but it's just big enough to put a cap on the stock's short-term potential. Walt Disney : We sold stock before the April proxy vote in case activist investor Nelson Peltz did not win, which proved prescient. Hindsight is 20-20, though, and exiting entirely would've been the better move. While we can't hide our disappointment, there's too much untapped value in Disney to abandon the stock here. Dover : The company continues to benefit from its exposure to megatrends like the clean energy transition. A Trump victory, however, means less environmental regulation. That won't stop us from staying in the stock. Climate change is real, Jim said, and the Club sticks with companies that are on the right side of history. Plus, continued investments in data centers will be a key driver for the conglomerate's growth regardless of who takes office. Estee Lauder : A formerly pristine franchise, the cosmetics firm remains in a challenging spot. Jim reiterated that he regrets not bailing on the stock earlier to fund higher-quality positions. Eaton : Jim maintained his long-term thesis on Eaton as shares declined 4% on Wednesday after Bloomberg reported that the U.S. could impose tougher trade rules around semiconductor tech. The market's reaction is overblown and, for now, mostly speculative. Eaton's exposure to data centers with offerings like power management solutions will serve as a multi-year tailwind for the industrial stock. Ford : The automaker is a winner with no real China exposure. Plus, it has excellent free cash flow, benefits from Federal Reserve rate cuts and still has the opportunity to implement a buyback like crosstown rival General Motors. Even with a strong move in recent weeks, there's a lot to like about Ford. GE Healthcare : The way the stock has traded lately suggests GE Healthcare is more exposed to interest rates than China liability. And if rates are going down in the coming months, that will make financing purchases of its expensive medical-equipment machines easier for hospitals and other medical facilities. Alphabet : Another victim of the tech rotation. While we have owned Alphabet and its other Big Tech peers for ages and don't want to get complacent, nothing in the recent sell-off is cause for long-term concern. Honeywell : Jim likes management's recent efforts to refine the conglomerate's sprawling portfolio to acquire more profitable businesses. He cited Honeywell's recently announced plan to purchase Air Products' liquefied natural gas business, which gives the company exposure to the rapidly growing data center space. Linde : This global enterprise has projects all across the world. Still, having an administration in Washington that's seen as more pro-business with less regulations stands to benefit Linde. Plus, the potential for lower interest rates and by extension more economic activity would benefit the industrial gas firm. Eli Lilly : The stock is getting hit Wednesday on competition concerns, not politics, after Roche released promising early stage trial data for a second obesity drug. However, investors should not lose sight of Eli Lilly's huge manufacturing lead that builds a moat around its GLP-1 franchise, which includes Zepbound for obesity and Mounjaro for type-2 diabetes. Stick with Lilly. Meta Platforms : The Facebook and Instagram parent has drawn the ire of Trump, and his vice presidential pick, Sen. J.D. Vance of Ohio, has been critical of Big Tech. More recently, Meta has been caught up in the great rotation out of tech. It's certainly been painful to watch the stock fall more than 13% in just a few days, but we don't believe this is a permanent move away from Meta and peers. Rotations happen from time to time. Morgan Stanley : The Wall Street firm's key investment banking division could see a boost in M & A and other deals under Trump's less stringent antitrust policies. In fact, we'd consider increasing our price target on the financial stock if Trump is sworn into office. Microsoft : Investors should remain long on shares despite its recent decline. Although it's not an ideal name to own in a declining interest rate environment, Jim said Microsoft still has an incredible franchise with massive growth prospects. The company's partnership with OpenAI, the creator of ChatGPT, along with new AI offerings such as Copilot, are prime examples. Nvidia : The leading AI chipmaker has been subject to geopolitical risks under the Biden administration due to export controls to China, and Trump's recent comments on Taiwan inject a new dose of uncertainty in this realm. But the long-term opportunity around generative AI hasn't changed. Nextracker : While a Republican administration would seem more hostile to clean-energy initiatives, it's important to remember that Nextracker's key customers are other companies with carbon emissions goals of their own. And bigger picture, given there is still more than 100 days to the election, it certainly makes sense to own a stock that could have an expanding multiple if Trump is defeated in November. Palo Alto Networks : This company is tied to one of the greatest secular growth themes: cybersecurity. Demand for Palo Alto's offerings continue to rise as incidents of hacks and virtual breaches do the same. Plus, shares seem to finally be out of the mud after its massive post-earnings drop earlier this year. Procter & Gamble : The consumer staples giant has been a rock-solid performer this year, but Jim said the company is worth a little less under Trump than under Biden because it sells products all over the world, including in China. Starbucks : China is an important part to the Starbucks story, but election risks are not the most pressing topic for the stock right now. Jim said he believes the misrepresentation of the company's views on the Israel-Gaza conflict is a bigger thorn in its side. The stock has been a major disappointment, but we're concerned about selling near the bottom, only to watch CEO Laxman Narasimhan pull a rabbit out of his hat and get the coffee giant back on track. Constellation Brands : There's no doubt that the Modelo and Corona parent is a less attractive stock under Trump compared with Biden. Nevertheless, we see plenty of reasons including an attractive valuation and a potential for an aggressive buyback to stick with the stock. Stanley Black & Decker : Trump's tariff threats — where most of the company's products are sourced — present a headwind for the stock. And although Stanley Black & Decker serves as the Club's most-important interest rate play, the firm will not be able to compete with tools not made in China. Investors may turn to peers like Home Depot or Lowe's , instead, to benefit from forthcoming easing of monetary policy. The Club offloaded shares of the retailer on Tuesday, rightsizing after a recent run higher. TJX Companies : We trimmed our position Friday after a great run for the stock. It does not operate in China, which minimizes its risk to heightened U.S.-China tensions. Still, price matters under a Biden or Trump administration, so we wanted to lock in profits to ensure we have room to buy back shares if they get hit in the future. Wells Fargo : Trump is a "bonanza" for the bank's shareholders, Jim said. The former president's soft stance on regulation presents a tailwind for the stock: the removal of Wells Fargo's' $1.95 trillion asset cap. Shares will see more upside once this is lifted, and the firm can grow its balance sheet further. Wynn Resorts : Wynn is the Club holding with the most China exposure, with its two key properties in Macau. The stock has struggled mightily since April, but Jim said he's hesitant to give it away at such depressed levels. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) 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. Traders and floor officials react to technical issues on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 3, 2024. Brendan McDermid | Reuters