These Tech Stocks Are the Best in the World

"I particularly like Broadcom (AVGO) here," TheStreet's Jim Cramer said Tuesday from the floor of the New York Stock Exchange.

Shares have fallen from $285 to $265 over the past week, as tech stocks have been under pressure and as Broadcom lobbies to buy Qualcomm (QCOM) in a mega deal that would easily exceed $100 billion.

"I think that Broadcom is [now] a story about buying Qualcomm," Cramer reasoned, explaining that CEO Hock Tan is trying to "squeeze" Qualcomm into a deal by gaining board seats. Notably, Broadcom reports earnings on Wednesday after the close.

Broadcom remains a solid holding to Cramer, as well as other stocks. For instance, Nvidia (NVDA) looks more attractive after its latest fall. On a decline toward its morning lows, Nvidia is a buy. "It's time has come," Cramer said, explaining that while Nvidia stock is not a value play, there is still opportunity for the bulls.

Further, Applied Materials (AMAT) looks attractive. But be careful, Lam Research (LRCX) is not as tempting, thanks to concerns about oversupply in flash memory -- something Cramer, who also manages the Action Alerts PLUS charitable trust portfolio, brought up earlier this week.

Apple (AAPL) would be more attractive on a pullback and Alphabet (GOOGL) is a cheap, large-cap tech stock based on its 2019 earnings estimates, he reasoned. Its headway in the cloud, YouTube and Waymo will really shine in the future, he concluded.

Broadcom, Nvidia, Apple and Alphabet are holdings in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells AVGO, NVDA, AAPL and GOOGL? Learn more now.

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