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Lightning Round OT: Broadcom, Magna International and More

Broadcom : After recently posting a 52-week high, Cramer said the Irvine, Calif.-based company was brought down by news that Texas Instruments had reported slower sales. But those disappointing numbers, Cramer noted, were a result of just one customer filing a smaller order and was not a reflection of the greater tech space.

Magna International : Cramer likes this automotive supplies company, but he prefers Johnson Controls JCI.

DexCom : "Solid as a stock, not solid as an earnings play," Cramer said of this medical instruments and supplies company. He does, however, think this would be a good speculative buy.

When this story published, Cramer's charitable trust owned Johnson Controls.

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    Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

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