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Jim Cramer — Qorvo Is a Natural Takeover Target

Investors are cheering the weekend's mergers but Jim Cramer is watching for one deal where there has been no confirmation -- the purchase of NXP Semiconductors (NXPI) by Qualcomm (QCOM) .

That deal is likely coming and there's potential for more M&A in the semiconductor industry, said TheStreet's Cramer, co-manager of the Action Alerts PLUS portfolio...