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Qualcomm, Have Patience

|Includes:AAPL, ABT, ACAS, ACMP, AGNC, AIG, ALDW, ANH, ARCO, ARR, AT, BAC, BBEPQ, BEAM, BTE, C, CF, CHKR, CIM, CJES, CLMT, COP, CSCO, CTL, CVRR, CYS, DF, ECT, EPD, ETE, ETP, EVEP, EXPE, FDS, GE, GEL, GLNG, GOV, GSK, HTS, IDCC, INTC, IVR, KMI, KMP, KO, LEG, LIN-OLD, Qualcomm Inc. (QCOM)

http://seekingalpha.com/article/1250931-qualcomm-have-patience

Qualcomm Inc. (NASDAQ:QCOM) is a global leader in supplies of chips for cellphones. The 2013 outlook looks very promising with profits posted at a 36% YOY rise and revenues at 29% upsurge, completing nearly $2 billion revenue in the last fourth quarter. Qualcomm sustains global demand for its integrated circuit products. Its customer base includes giants such as Apple Inc. (NASDAQ:AAPL), Ingram Micro Inc. (NYSE: IM), Samsung (OTC:SSNLF) and BlackBerry (NASDAQ:BBRY). The company is capitalizing on the rise of smartphones and 4G. QCOM is set to begin trading ex-dividend March 06, 2013. A cash dividend payment of $0.25 per share is scheduled to be paid on March 27, 2013. 2013's expected earnings are at $4.35 a share. A new $5 billion share buyback program has also been initiated to replace its existing $4 billion program with $2.5 billion remaining for repurchases. The repurchase program has no expiration date. Qualcomm's daily earnings are at $65.86 - $66.65 with earnings at a 52 week range $53.09 - $68.87. The company expects annual earnings to be $24 billion...

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.