Initiated a position in QCOM today @ 61.94. I have been waiting for a pullback in share price for a while here but didn't expect to have it presented to me after what I believe is an exceptional earnings report. http://seekingalpha.com/article/1368771-qualcomm-s-ceo-discusses-f2q-2013-results-earnings-call-transcript
This comes after they recently announced a 40% increase in the dividend. Shares now provide a 2.2% yield at the current price of $62.
Suggest taking a look at the stock at these levels, exceptional value here.
Disclosure: I am long QCOM.
Additional disclosure: Stocks for Income means just that at Stocks4Income.com