Keep an eye on Skyworks Solutions (SWKS) , TheStreet's Jim Cramer said on CNBC's "Stop Trading" segment Monday.

Skyworks stock is trading higher by 2% to $115.50, after hitting new 52-week highs earlier in the session. The company will report earnings after the close Monday. However, that's not the only reason it's running higher on the day.

It's already been made clear that Broadcom's (AVGO) massive $103 billion takeover attempt of Qualcomm (QCOM) may not go through -- there is resistance to the deal. Should that deal fail, there are some rumblings among Wall Street that Skyworks would be Broadcom's next attempt.

"Be very, very careful" with this stock, given all the news surrounding it, suggested Cramer, who also manages the Action Alerts PLUS charitable trust portfolio. "I like the company, but I do not think they are for sale," he reasoned.

Shares of Skyworks Solutions are already up 54.6% so far on the year.

Broadcom is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells AVGO? Learn more now.

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At the time of publication, Cramer's Action Alerts PLUS had a position in AVGO.