Shortly after the opening bell, we will be selling 10 shares of Amazon (AMZN) at a bid/ask of $3,095/$3,100. In addition, we will be selling 25 shares of Broadcom (AVGO) at a bid/ask of $368.01/$372.00. Lastly, we will be selling 60 shares of Costco (COST) at a bid/ask of $365.10/$366.90. Following the trades, AMZN, AVGO and COST will represent 4.86%, 1.45%, and 3.38% of the portfolio, respectively.

We will be making several trims Tuesday morning to lock in some of the great gains we have accumulated in technology stocks and Covid-19 winners this year. Factoring into this decision is the current rotation out of tech and growth, a move that was ignited by yesterday's effective Covid-19 vaccine news and could continue for multiple sessions as investors reposition their portfolios. Additionally, we are cognizant of the fact that the market has made a significant move to the upside over the past 10 days.

Amazon is a tough one because its long-term future is very bright, but this is the largest position in the portfolio by a wide margin and we believe the best course of action right now is trim the position and protect are triple digit profits. We will realize a fantastic gain of about 108% with this trim.

We will also be trimming Broadcom at what will be our highest sale price to date. We continue to appreciate Broadcom's very reasonable price-to-earnings multiple, robust ~3.5% dividend yield, and exposure to Apple's (AAPL) 5G iPhone, but shares are only slightly off from the highs and we want to protect the big profits we have in this position. We will realize a gain of about 37% with this trim.

Lastly, Costco is a company that should continue to do well in any environment, but we haven't taken any profits in this large position yet. With shares trading at a healthy ~38x next 12 months earnings and still up more than 20% year to date, we will make that first sale and downgrade our rating to TWO. We will realize a gain of about 18% with this trim.

Action Alerts PLUS, which Cramer co-manages as a charitable trust, is long AMZN, AVGO, COST, AAPL.