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Jim Cramer says hope for China's approval of a key Broadcom deal sends shares higher - TL;DR CNBC

Jim Cramer says hope for China's approval of a key Broadcom deal sends shares higher

Publishing timestamp: 2023-10-12 11:20:34


Summary

VMware's stock jumped 4% on reports that China is likely to approve Broadcom's acquisition of the company. The approval is expected to boost shares of Broadcom significantly, and CNBC's Jim Cramer believes both stocks will continue trading higher.


Sentiment: POSITIVE

Tickers: AVGOVMW

Keywords: jim cramerinvestment strategytechnologychinabreaking news: marketsbroadcom incbreaking news: technologybusiness newsinvestingclubsamplemarketsvmware incstock takes

Source: https://www.cnbc.com/2023/10/12/jim-cramer-shares-his-take-on-broadcom-vmwares-60-billion-deal-.html


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