Jim Cramer Urges a Broadcom (AVGO) Holder to Hold, Says He Trimmed His Own Position

Jim Cramer used Broadcom’s latest momentum to make a simple point on October 6’s episode of Mad Money: don’t panic-sell just because markets have moved, even if you have already been holding for a while. The comments came after a caller told Cramer they were considering selling Broadcom shares, identified on the show as AVGO.

Cramer responded by urging the investor not to sell. He framed his advice around what he characterized as “excellent numbers” from Broadcom, and he also said he had trimmed his own Broadcom position rather than exiting entirely. The exchange played out as a classic “hold versus sell” debate on the cable program, with Cramer essentially arguing for keeping exposure while adjusting position size.

In the lead-up to the segment, Broadcom shares were trading around $377 on October 7, according to the market wrap that accompanied the television clip. The stock was little changed on the day and was up 8.92% over the prior twelve months at that time, placing the discussion in the context of a broadly steady long-term run rather than a one-week spike.

The exchange also highlighted how investors often interpret valuation and near-term price action differently. While the caller raised the prospect of selling, Cramer’s approach was to treat share gains as an opportunity to manage risk and concentration, not necessarily a announcement to leave the business. His remark that he “trimmed” rather than sold outright suggested a distinction between reducing exposure and changing the fundamental view.

Broadcom, a major provider of semiconductors and infrastructure software, has tended to draw attention from retail investors during periods when data-center demand and enterprise spending expectations are firm. On Mad Money, that general investor interest translated into a direct, personal endorsement, with Cramer pointing to the company’s reported performance as the basis for staying invested.

Cramer’s comments came with the additional nuance that his advice was paired with his own trading action. He said he had already trimmed his own holdings, which implied that he was not arguing for an all-or-nothing decision. In other words, the message was not to ignore risk management, but to avoid turning normal portfolio adjustments into an exit call.

Still, viewers did not receive detailed disclosures on the show about what portion of the position Cramer trimmed, what price levels were involved, or what time horizon he used. The clip also does not specify whether the caller’s planned sale was tied to taxes, liquidity needs, or a particular metric like valuation multiples or forecast trends. Without those details, the segment reads more like a sentiment and position-management discussion than a precise investment thesis review.