Broadcom (AVGO - Get Report) is finalizing candidate nominations for Qualcomm's (QCOM - Get Report) board, according to a CNBC report. TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer thinks Broadcom CEO Hock Tan will pay a very good price for Broadcom. 

"I continue to believe that Broadcom works its way higher," Cramer said. 

Watch all of Jim Cramer's latest videos, right here:

Don't miss the best videos of the week. Put Wall Street on Rewind and sign up for our weekly newsletter .