We're buying more of two stocks that have been unfairly dinged in the past week

Shortly after the opening bell, we will buy 50 shares of Advanced Micro Devices at roughly $142 and 40 shares of CrowdStrike at roughly $302. Following the trades, Jim Cramer's Charitable Trust will own 675 shares of AMD, increasing its weighting to 2.8% from 2.6%, and 100 shares of CrowdStrike, increasing its weighting to 0.88% from 0.5%. Now that our trading restrictions for AMD and CrowdStrike are cleared, we can finally add to our positions. Whenever Jim mentions a stock on CNBC TV, we cannot buy or sell it for three days. We've wanted to buy AMD since its post-earnings sell-off on Wednesday. The stock fell more than 10% and drifted lower in the following days on concerns that AMD cannot ramp up its AI sales fast enough. Although the company raised its 2024 sales projection for its AI GPUs by $500 million to exceed $5 billion, the market wanted more. Investors were also disappointed that AMD didn't name any new big hyperscale customers. It has close partnerships with Meta Platforms and Microsoft , but the market wants to see AMD sell to the rest of the big cloud names like Amazon to get more confident about its AI trajectory. It's only a matter of time before AMD secures more AI relationships, making this short-term doubt a buying opportunity. We have talked about adding to our CrowdStrike position since Oct. 25 , when the stock fell on concerns about a $32 million non-cancellable order that was received last fall but was never fulfilled. We thought this story was noise and a non-issue since it was booked in compliance with Generally Accepted Accounting Principles. We started a position in the endpoint security leader back in mid-October. We believe that the stock being down $40 per share since the July 19 global IT outage is an opportunity to buy. (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.