
NASDAQ:QCOM
(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.
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.