Jim Cramer Discusses These 10 Stocks & Comments On Short Sellers

2. Broadcom Inc (NASDAQ:AVGO)

Number of Hedge Fund Holders In Q4 2024: 161

Broadcom Inc (NASDAQ:AVGO) is a semiconductor company that has emerged as a key player in today’s AI era. Investors have rewarded the firm for its semiconductor design strengths that have enabled it to play a key role in the custom AI chip market. However, Broadcom Inc (NASDAQ:AVGO)’s shares are down by a whopping 22% year-to-date as they struggle to recover from January’s DeepSeek selloff. The stock jumped by 7% in March after it guided $4.4 billion in fiscal second quarter AI revenue. Here is what Cramer said:

“Look this one’s um, nothing short of an unbelievable quarter. It’s been the best quarter of the year in tech. I was, in shock at how strong they were. And every single part of the business. AI was of course extraordinary, even just the regular tech was very good. VMWare was great. They talked about the new customers. They have amazing customers. They always had, they had Google already, Alphabet, they had Meta, they had ByteDance, I think they now got Softbank, they got Arm, they got OpenAI maybe Apple. These are just huge customers. And David the really important thing, is that let’s say you thought that the . . .So I thought the winner was definitely Broadcom.”

“[On future M&A’s] He said he’s done. And that’s, everybody tries to float something Intel every other day. It was supposed to be what SilverLake, and now. . .people are talking about Mets owner and Mobileye. But I would point out that this company is now, they do XPUs. It’s NVIDIA doing post-train and software. And that’s what exactly Hock Tan gave them. . .software layer. And these guys are doing custom, and custom’s a little cheaper. And all I can tell you is that it’s not a two-horse race, it’s different. But there are two stocks that are investable now. My charitable trust has a huge position in Broadcom and I’ve been waiting for the [inaudible] and here we got it. NVIDIA obviously, Hock Tan is telling you that they’re great. He didn’t say anybody else was great.”