Jim Cramer Picks His Favorite Technology Stocks in the Nasdaq
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Broadcom (
AVGO) - Get Report delivered classic good numbers. It keeps buying back stock, raised a ton of money just now at incredibly low interest rates, has a great 5G portfolio, and it sells at 16 times earnings with a 3.3% yield. You want to sell that? How could I sell this Broadcom? What s the thesis for selling it? It’s up 6 points.
You want to sell AMD (
NVDA) - Get Report? Those are two of the greatest growth semis of the generation. The whole generation. That s Jensen Huang at Nvidia and Lisa Su at AMD.
Hyundai says it will partner with Apple on a self-driving car, but then quickly shifts gears to say it has received requests from a number of technology suitors.