NEW YORK (TheStreet) -- After chip-maker Avago Technologies (AVGO) announced a deal to acquire rival Broadcom (BRCM) for $37 billion in cash and stock, shares of both companies rose in Thursday trading. But how should investors respond? TheStreet's Jim Cramer, replying to the sell-or-hold question of a viewer, said he believes that "when you get a huge win like this, you should ring the register." Therefore, sell Broadcom. He added that even though Avago's numbers could be bumped up, Friday would be a good time to take profits.
Looking at other opportunities in the sector, Cramer described Marvell Technology (MRVL) as interesting, but said he prefers Integrated Device Technology (IDTI), the company behind the Apple (AAPL) Watch's charging station -- it's the best value in the group right now. He's not a fan of SanDisk (SNDK) : Investors who want to own it to capitalize on takeover rumors may get hurt when the company reports earnings, he said. Qualcomm (QCOM) investors face a similar problem, he said.
Asked if this was a good time to jump in on Chipotle (CMG) , Cramer opined that it was, especially as other restaurant chain players such as Jack in the Box (JACK), DineEquity (DIN), Popeyes Louisiana Kitchen (PLKI) and Sonic (SONC) are coming back.
Cramer also weighed in on UnderArmour (UA), which he believes has paid its dues and could really benefit if Golden State Warriors' guard Stephen Curry, who represents the brand, does well.
Lastly, Cramer gave some investing advice to a recent college graduate who asked if he should go for safe technology plays like Verizon (VZ) or Microsoft (MSFT), or if he should be more aggressive. Be aggressive, said Cramer: A young person should be in stocks such as Netflix (NFLX) or Tesla (TSLA).