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AAP Exclusive: Cramer on Why They Sold Broadcom Shares

In the April Action Alerts PLUS members' call, Cramer talks about exactly why and how they sold shares of Broadcom. Watch now.
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In the April Action Alerts PLUS members' call, Jim Cramer went into depth discussing why the team decided to par back their Broadcom (AVGO) - Get Broadcom Inc. Report position.  And in turn, generated over $50,000 for the Trust.

Why did they sell? "Because it had failed to buy Qualcomm (QCOM) - Get QUALCOMM Incorporated Report , after the President himself got involved to stop it," says Cramer.

"Not that long ago, Broadcom's CEO, Hock Tan, was hailed as a hero for redomiciling the company, even by the President, to the United States from Asia.But, Qualcomm had more juice than Hock did and managed to kill a deal that we thought would have been terrific from both companies shareholders."

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So listen in as he gives you the play-by-play on what they did, why they did it and how much they walked away with in the end.

Do you want more exclusive investing insight from Jim Cramer? Get 24/7 access to Jim's charitable-trust portfolio with a free trial to Action Alerts PLUS! You can also w
atch all of Jim Cramer's New York Stock Exchange live shows on YouTube.