Broadcom is a buy for new investors, Apple less ‘treacherous’

From CNBC: 2025-06-06 11:21:00

U.S. stocks surged Friday after better-than-expected labor data. Nonfarm payrolls rose 139,000 in May, beating estimates. The S & P 500 jumped over 1% in early trading. Broadcom stock is down over 2% following strong quarterly earnings. Apple’s developer conference begins Monday with updates on Apple Intelligence. Lululemon, McDonald’s, MP Materials, and Applied Materials were discussed in Friday’s rapid fire. Subscribe to CNBC Investing Club for trade alerts before Jim Cramer makes a move.



Read more at CNBC:: Broadcom is a buy for new investors, Apple less ‘treacherous’