Jim Cramer Prefers NXP Over Skyworks

Jim Cramer says semiconductor company Skyworks is too levered to Apple.
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TheStreet's Action Alerts PLUS Portfolio Manager said semiconductor company Skyworks (SWKS) - Get Report is too levered to Apple (AAPL) - Get Report . 'NXP Semiconductors (NXPI) - Get Report is much more levered to autos and the Internet of Things,' Cramer said. Though Cramer said he's not worried about Skyworks.

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