Curious about how Jim Cramer's Action Alerts PLUS charitable trust portfolio approaches stocks?
Here's his advice to one club member on Cramer's exclusive members-only July conference call, which was open for all club members to ask Cramer questions.
"This is my fault. MasterCard is going down a bit here. I've been waiting. We've had a problem here. I candidly admit it. We have been stubborn on a bullpen because we're very disciplined. Mastercard, we just didn't get to put in everything I wanted at the very beginning. I felt that I do the rule of 10. I divide it by 10 by 27, by 25, whatever you get a nice averages. This was me just saying, I have such confidence in [Mastercard CEO Ajay Banga]. Such confidence in payments that I will do something that we usually don't do," explained Cramer.