Jim Cramer on Broadcom: “I Think It’d Be Delivering a Good One”

Broadcom Inc. (NASDAQ:AVGO) was among the stocks Jim Cramer was focused on, as he discussed Mad Money’s latest game plan for the week. Cramer mentioned the stock during his game plan, as he remarked:

After the close, club members beware, we have both Broadcom and CrowdStrike, two very important positions for the Trust. Both hit their all-time highs today, so I have to be a tad circumspect. You know how I feel when stocks run up ahead of a quarter. Broadcom’s stock hasn’t done all that much this year. I think it’d be delivering a good one.

A stock market data. Photo by AlphaTradeZone on Pexels

Broadcom Inc. (NASDAQ:AVGO) supplies semiconductor devices and infrastructure software, including networking, connectivity, and storage solutions. The company’s products are used for applications in data centers, telecommunications, broadband, smartphones, industrial systems, and AI networking. Cramer praised the company’s CEO during the May 26 episode, as he commented:

Six is Broadcom. Now, this is a sleeper because you don’t see its name anywhere. It makes custom chips for Google, Meta, ByteDance, Anthropic, which buys Google’s chips too. Broadcom also has its own enterprise software business called VMware, gateway to the cloud, among other things. CEO Hock Tan is a shrewd businessman who’s constantly getting new clients. He’s a big reason why we’ve stuck with Broadcom [through] thick and thin for the Charitable Trust, racking up some big gains.

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