Broadcom (AVGO) - Get Broadcom Inc. Report is finalizing candidate nominations for Qualcomm's (QCOM) - Get QUALCOMM Incorporated Report board, according to a CNBC report. TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer thinks Broadcom CEO Hock Tan will pay a very good price for Broadcom.
"I continue to believe that Broadcom works its way higher," Cramer said.
Watch all of Jim Cramer's latest videos, right here:
- Video: Jim Cramer Reacts to Wells Fargo's Alleged FX Scandal
- Video: Jim Cramer on Arby's Plan to Buy Buffalo Wild Wings
- Video: Jim Cramer React's to Bitcoin's Surge
- Video: Jim Cramer on Macy's Dividend