Qualcomm (QCOM)

Chip shortage not necessarily good for business (different types).
Company will perform when tech sector improves.
Not participating in recent tech rebound. 
Would stay away from business.

Owns, but doesn't like it. He made a mistake. He'll sell above $130.

So, you're playing this on the potential of the smartphone market is bottoming. He doesn't know when though it will at some point. China's reopening will revive the handset sector, which QCOM relies on. Shares are awfully cheap now.

Really likes that they diversified their revenue stream and are working through their inventory. Last quarter, their missed revenues, but beat EPS with inventory hitting $2 billion to revenues. IOT and silicone segments are performing. Is up 15% and trading at 12x PE. Still likes it.

King in CPUs and GPUs. Leader in 5G, automotive, and internet of things. Come 2025, AAPL will be using its own chips. So they wisely built up other divisions. Revenue and net income down, but new horses in the race rose. 12-month price target of $145.

She avoids the semis--very cyclical. They're overcoming too much inventory that they still need to work through.

Auto business grew 58% YOY in the latest quarter, and that's now 5% of total revenue and growing quickly. Everyone double-ordered inventory, so this has to abate. Then they'll get back to growth, which won't take long. Inexpensive growth stock. Reasonable multiple. He's being patient.

Top chip manufacturing company for chips in cell phones.
Believes company will continue growing. 
Current share price presenting buying opportunity for investors.
Expecting mobile phone/chip business to expand.
Automotive industry will require more chips for cars.
Good for 5-10 years and long term shareholders.