Jim Cramer Highlights Skyworks Stock Post Merger Announcement Rally

Skyworks Solutions, Inc. (NASDAQ:SWKS) is one of the stocks Jim Cramer recently talked about. Cramer discussed the company’s merger plans, as he commented:

“How about if you’re a long-suffering shareholder of Skyworks or Qorvo? Never fear. With no real antitrust department, these two companies, which have competed over radio frequency chips, hammer and tongue, tooth and nail, I don’t care, whatever cliché you want to convey that they’re… and mortal enemies, now they have decided to merge. Both stocks soared. Patience paid off in a way that never would’ve been allowed under any other administration. I don’t even know if this thing’s going to be reviewed. Maybe not ideal antitrust policy, but great for the stock market. And again, that’s what we’re focused on. Get what I’m saying?”

Skyworks Solutions, Inc. (NASDAQ:SWKS) develops semiconductor components used in industries such as automotive, aerospace, defense, communications, and consumer electronics. The company’s products include amplifiers, filters, power management devices, and connectivity solutions.

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Disclosure: None. This article is originally published at Insider Monkey.