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Jim Cramer on Thursday's Rebound: Different Stocks Are Going Higher

TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer reacts to Thursday's stock market rebound.
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TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer reacts to Thursday's stock market rebound.

"Different stocks are going higher - we have a plethora of technolgoy stocks that are going higher and they're all being funded by the departure of Broadcom (AVGO) - Get Broadcom Inc. Report investors," Cramer said, adding that these investors are buying stocks like Salesforce (CRM) - Get salesforce.com, inc. Report and Texas Instruments (TXN) - Get Texas Instruments Incorporated Report .

Broadcom shares slumped Thursday amid its agreement to acquire CA, Inc. (CA) - Get CA, Inc. Report .

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