QCOM trade ideas
Qualcomm Inc. QCOMThe wireless standard for the next phone's generation 5G is one of the top interesting product that will be on every devices. We think that the first reveue of the new service will start to rump up in the first quarter of 2020.
Total debt: 16.4 Bilions
Net profit: 5.43 Bilions (2018)
For the fiscal year 2019 we estimate a total EPS of 3.95 $ (4.70 Bilions)
Qualcomm - Looking for Re-EntryThe tech sector continues to get hammered and it brings down the good with the bad. Qualcomm' is still undervalued here in my opinion, and as we closed out our recent options contract for a profit we are looking for another re-entry.
Initially the bullish swing looked promising, but the recent bars are showing we likely retest the lows, between 54.0-56.0. What looked strong now looks like further weakness, but we are only at the beginning of a technological revolution with 5G and the IoT. New products and productivity create growth and Qualcomm' is positioned to take advantage of this with their new Snapdragon processor and 5G modem. Not only that Qualcomm' still has a cash hoard and pays a fat, juicy, delicious 4% dividend. We are using our options strategy to get paid to acquire a stock we do not mind owning at 60.0.
We are looking at several semi conductors as market sentiment continues to be dim on the tech sector. Fundamentally nothing has changed.
Disclosure: No current position but looking to sell PUTs in the near term.
Qualcomm - Leader in 5G - Adding via Options StrategyQualcomm is building a nice bullish reversal structure off the key 54.0 level and is poised to move higher. Initial resistance is 62.0 but if broken shouldn't take long to test the 68.0 in the next month. With the introduction of the first 5G phone next year, they are way ahead of the others. Beaten up, left for dead, time to look to add this quality dividend payer to the portfolio! We are using an options strategy to acquire the stock.
Disclosure: Currently Short 57.0 PUT Strike
QCOM - Bullish-neutral Iron CondorYear-long cyclical pattern, within a wide parallel ascending channel (not shown to prevent clutter) is the current predominant price action, showing clear supply and demand zones. Expecting price to finish upswing or remain neutral at least until close to or at the next earnings season.
50/52.5/65/67.5 JAN19 IRON CONDOR @ 0.66 CREDIT
General plan:
Roll if necessary & if possible mainly to reduce risk.
Target maximum profit, unless significant profit appears early.
Comment or direct message for discussion, or on other interesting ideas!
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QCOM, AAPL, OLED - Coincidence on new iphone plans?TELECOM Sector
Qualcomm snapdragon chips tend to go into cell phones #QCOM
Apple introducing new iphone as release X a fake release to 5G #AAPL
OLED displays are the best in the market #OLED
STM chips for ASIC might be made by someone else #whoknows
AXTI 3D sensors might have competition ?? #whoknows (not PM)
Yes, I left out AMD, which might be making the GPU, who knows ?? #toolate-shipsailing
Am I more interested in Softbank comment on new Japanese Telecom Carrier IP and needing big investments from banks.
Bought OLED in August. QCOM in Sept. Sold AXTI for now...3D sensor users needed. STM well holding on for no good reason.
These are all prognostications and viewers come to own sense of reality, investing, and humor.
Samsung / 5G-Apple here's a new product idea: I'd love to see a whole house smart phone system. Every phone has WIFI, display, GPU, etc. for under $1K or abouts.