Jim Cramer: Broadcom Is an 'Interesting Company'

TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer is eagerly awaiting quarterly results from semiconductor maker Broadcom Limited (AVGO) - Get Report , due to be released on Thursday, after the markets close. Cramer says Broadcom and NXP Semiconductors (NXPI) - Get Report , a holding of his charitable trust Action Alerts PLUS, have diversified and are less levered to Apple (AAPL) - Get Report products. 'This is a market that is being unkind to high growth and it could be unkind to Broadcom,' Cramer said. 'And that may be your opportunity.' Broadcom Limited shares have gained 6.2 percent since the start of the year.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.