In the September Action Alerts PLUS members' call, Jim Cramer explained why their position in Western Digital (WDC) was held as a trade -- not an investment.

"I have often said that the club's purpose it to teach and the charitable trust itself is part of a broader long-term investing recommended list. Yet, every once in a while we decide to actually do a trade," he said.

And that's exactly what they did with Western Digital, a maker of flash memory and disc drives.

Watch now as he explains the team's thought-process in why they bought it and ultimately sold it.

 

Do you want more exclusive investing insight from Cramer? Get 24/7 access to Jim's charitable-trust portfolio with a free trial to Action Alerts PLUS! You can also watch all of Jim Cramer's New York Stock Exchange live shows on YouTube.

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