Jim Cramer: Is the Rally Real? Watch Broadcom Shares

Jim Cramer is keeping an eye on shares of Broadcom for signs that Tuesday's market rally is real.
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TheStreet's Action Alerts PLUS Portfolio Jim Cramer is keeping an eye on shares of Broadcom (BRCM) . 'We own NXP Semiconductors (NXPI) - Get Report for Action Alerts PLUS,' Cramer said, adding that NXPI has exposure to the auto sector. 'Broadcom has a lot of broad communications - it's the one the high growth guys love the most.' Cramer said if Broadcom pulls back, the overall rally seen in stocks Tuesday is not a real one. Broadcom shares rose slightly on Tuesday, while the major indexes added roughly one percent.

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