Qualcomm (QCOM)

Past 2-3 years tough for the business.
Share price very cheap - might be a good time to buy.
Strong company overall.
Hold if you already own shares. 

The litigation issues are sort of behind them. The whole semi-conductor demand has to come down. Foundaries are weak now. You could trim for profit.

Excellent company within tech sector.
High demand for chips with A.I. revolution.
Lagging performance good for buyers on weakness.

Leader in cellphone chip technology, but also in ADAS assisted driving for cars. As these technologies spread, stock will do well. Stock sold off as cellphone volumes dropped and AAPL started making its own chips. Into EVs big time. Yield is 2.61%.

Not a value trap, because the cash flows are strong with probably $10 billion this year. They can buyback shares with that cash at relatively cheap prices.

Owns shares in company.
Hasn't performed as well as expected, but still a strong company.
Good exposure to A.I.
Quality company with low trading multiple.

It was cheap when he bought it. They were dominating handsets, receiving a royalty on them. Are moving into the internet of things with their chips appearing on everything from toys to toasters. Their last quarter disappointed and are not part of the current AI hype. He still likes it. Trades at 11x forward PE and offers decent growth. A downturn in handsets and worries that Apple would take away business hurt the stock.

Heading lower since 2022 and continuing to slip. Not a healthy chart. Remains weak here. Doesn't like that it took out the January 2023 low. If it closes below the November 2022 low, definitely take the position off. 

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.