Jim Cramer Cut Back On This Tech Giant's Stock Even Though 'It Was Painful To Do'

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he will hold Cisco Systems Inc CSCO stock in his Charitable Trust.

Benzinga analyst ratings data shows a Neutral consensus rating on CSCO.

Cramer said, although "it was painful to do," but he had to cut back QUALCOMM Inc QCOM stock for the Charitable Trust.

When asked about Intuitive Surgical, Inc. ISRG, Cramer said, "People don’t like that group right now." However, he recommended sticking by the stock.

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Photo: Courtesy of Scott Beale on flickr