Jim Cramer: How to Play Arconic and NXP Semi
Jim Cramer talked NXPI and Arconic exclusively with members of Action Alerts Plus.
Jim Cramer says shareholders should oppose management in the boardroom battle at Arconic (ARNC) - Get Report 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) - Get Report for NXP Semiconductors (NXPI) - Get Report because it's too low.
This was part of Jim's monthly conference call exclusively with members of Action Alerts Plus.
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