Jim Cramer says shareholders should oppose management in the boardroom battle at Arconic (ARNC) and instead vote for a slate of candidates put forward by activist firm Elliott Management. He also says investors should vote down a proposed $38.5 billion takeover bid from Qualcomm (QCOM) for NXP Semiconductors (NXPI) because it's too low.

This was part of Jim's monthly conference call exclusively with members of Action Alerts Plus.

Read More: 

Jim Cramer on Trading Natural Gas Stocks Cabot, Chesapeake

Cramer: WannaCry Crisis Shows Why Cisco Is a Great Long-Term Play

Cramer: Here's the Best Tech Story That Nobody Knows

 

More from Video

Jim Cramer's Investing Rule 12: Cash Is for Winners

Jim Cramer's Investing Rule 12: Cash Is for Winners

Video: Here's Where to Put Your Money Amid Trade War Fears

Video: Here's Where to Put Your Money Amid Trade War Fears

Ford's CEO Just Got a Badly Needed Vote of Confidence From His Boss

Ford's CEO Just Got a Badly Needed Vote of Confidence From His Boss

60 Seconds: What Are the Bank Stress Tests?

60 Seconds: What Are the Bank Stress Tests?

Chart Professor: 3 Things You Need to Know About Every Stock Chart

Chart Professor: 3 Things You Need to Know About Every Stock Chart