NASDAQ:QCOM

Qualcomm (QCOM)

201.97
+7.71 (3.97%)
as of Sep 25, 2026, 8:00:00 pm Market Open.
371 watching
0
DON'T BUY

There are lots of cross currents with this one. An Apple settlement in April helped the stock price. A court ruling that the company's royalty strategy was illegal and now up the air again. Now China stealing intellectual property from them could be harmful as well.

BUY
The issue was that they were accused of monopolistic activities. AAPL-Q settled with them because their switch to INTL-Q did not work out. We have to look through all this noise to realize they are the leader in 5G chips. That is the big deal. This is not an expensive stock and they are the leader in 5G.
DON'T BUY
He did own, but as the trial date with Apple approached, they decided to exit when they thought the risk became more to the downside. Now the FCC is after them for some of their business practices, so they are staying away. Too volatile for him.
DON'T BUY
He was short prior to the Apple agreement. Very expensive at 28 times earnings. He would not like it here and would take profit.
BUY
It's an excellent long-term, 5G investment, but he suspects Apple's hand was forced to settle with QCOM last week, because the 5G chip Apple was developing with Intel failed to progress. It's a great settlement for QCOM, which has shot up with room to rise even further . Further, a US-China trade deal will benefit QCOM.
WATCH
A settlement with Apple was announced yesterday. He sold his QCOM shares ahead of the court battle. He is looking at it again, but is not jumping back in right away.
COMMENT
They are locked in a patent war with Apple. They own the CDMA technology from the original generation of cell phones in the '90s. Their patents will do okay. They have been very aggressive in collecting patent revenue. Buy in the $50s and sell in the $60s. There is a solid revenue stream and no costs in patent revenues.
COMMENT
Owns a small position via an ETF, SOXX. It's one of the top three holdings in SOXX. He scaled back by buying SOXX and not QCOM directly, because there are legal issues with Apple. He wants to own it outright, though.
PAST TOP PICK
(A Top Pick Feb 15/18, Down 10%) The XP acquisition attempt in China was a problem. There are a lot of potential levers to this story. He would get back into it.
COMMENT
Apple or Qualcomm? Apple will win. Qualcomm got a small victory, but then Apple worked around it. Like the royalties lawsuit, you have to pick your battles.
DON'T BUY
She used to own it. They've had issues of reinforcing royalty payments in China, and now have a dispute with Apple. Too much uncertainty over how they protect their patents.
TOP PICK
He's bought and sold this within a range over the past five years. Likes this because 5G will be a huge technology spend, and Qualcomm is the technology licensee. It pays over a 4% dividend. They are suing Apple over technology and, if they win, will be huge for QCOM. Low-risk, good upside. (Analysts’ price target is $69.98)
PAST TOP PICK

(Past Top Pick, March 27, 2018, Up 34%) Got caught up in the US-China dispute. They are the goto player for 5G communication chips, and they sell old-school chips to Apple and some Chinese companies. He sold his shares in the $70's. This will go sideways as the trade war continunes.

PAST TOP PICK

(Past Top Pick, Feb.15, 2018, Up 5%) When he recommended it, it was priced fairly. Then it dove. Problems with the Trump-China trade scared off an acquisition. They still don't get paid royalties from CDMA chips from Huawei and Apple. But they had a great Q2 report, and the stock bounced back nicely.

BUY ON WEAKNESS

A leader in this space. Qualcomm bought NXP, but that's mired in the current US-China trade dispute. Meanwhile, Qualcomm came down. So he bought an option. Try buying an option going 2-3 months. Pays a yield of 4.3%.

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