Qualcomm (QCOM)

Now to the end of the year is a positive time for technology and this stock does quite well. The resistance point is about $59.60 and if it comes back up over that line, that is a positive sign.

Big maker of chip sets and the CDMA technology. Every time a 3G or LTE device is sold they get their piece. One of the largest patent holders globally. Trading at about 16X earnings

Trades at a higher valuation than some of the other technology companies. They stand to benefit from this mobile/tablet generation. Make all the chips for the smart phones and they seem to be in the Apple (AAPL-Q) products. Quite a reasonable valuation for this company. Pretty good growth and a nice dividend. Nice balance sheet. If it ever came down, he would definitely be interested in this.

(A Top Pick Oct 12/11. Up 20.39%.) Have a very strong patent position in regards to next-generation cell phones using 4^th generation technology LTE. In the base band side they are totally dominant. They’ll be in the iPhone 5. They can possibly breach $70 in a year.

Have its hands in virtually every piece of mobile device. Have a huge number of patents. Not inexpensive, but lives up to its price by fundamental performance of earnings and growth of earnings. 1.6% dividend.

Continues to sit on its incredible patent stash. It is good that they are getting in bed with Microsoft (MSFT-Q), which has grand plans for its mobile platform. Also involved with Apple (AAPL-Q) and a lot of remote tablets.