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Fear & Greed Trader
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Independent Financial Advisor / Professional Investor- with over 25 years of navigating the Stock market's "fear and greed" cycles that challenge the average investor. Investment strategies that combine Theory, Practice and Experience to produce Portfolios focused on achieving positive... More
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  • Qualcomm - Mr. Market Provides Opportunity - QCOM 0 comments
    Apr 25, 2013 9:15 PM | about stocks: QCOM

    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

    Stocks: QCOM
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