Guys, I don't work @ Qualcomm, just an individual investor. Recently Qualcomm got my attention and I came up with my own estimation. I am going to buy its stock @ $55. Do you think it is a wise plan or I should hold on any purchase after the breakup?
12 replies (most recent on top)
@123436: what are you talking about? The target price based on many analysis is already $55
"Richard Whittington revised Qualcomm’s price target to $55 from $60, as he believes that Apple (AAPL) and Samsung, two of the firm’s biggest customers will request a price break on semiconductor chips, which would negatively impact revenues of QCOM."
http://marketrealist.com/2015/07/analysts-downgrade-qualcomm-price-drops-2-june-29/
At $55 Jana would be down $300 mln at least on the shares they owned from their last filing. If they can't split it, perhaps they just blow it up and collect life insurance on you all
I don't think this stock will go below 60 ever. Things can only go better from here after all these cost savings measures. It will be great if they announce another round of restructuring next year also.
@Anonymous123139 - *you're...... your insulting carries so much more clout when you use proper grammar.
As a former QC employee who has played the market for years, one question: Why QCOM? There are plenty of other stocks that are more likely to yield a higher ROI.
Drop it like it's hot - we have no products to sell man
Anonymous123156: As a QCOM employee my opinion is that you should wait and see how management is making progress towards QCT spinoff before jumping in. Currently lot of things in limbo and ,most of the folks here are confused about company's direction. Please feel free to share your opinions here as well and let us know if you need any non-CCI involved insider opinion of QCOM.We all can collaborate to make good investment decisions.
I am not asking for any confidential info and if you have, please do NOT share it. There are lots of speculations in public domain and people are free to talk, right?
Here is one:
www.thestreet.com/story/13202119/1/qualcomm-qcom-stock-stalling-after-rating-cut-lower-price-target.html
Its will around $30 by end of October and I plan pick up some at that time.
Wait for split or $50
First, your dumb as hell coming onto this board which is full of fakes, and asking for advise. Second, your prob a HR drone looking for people that are sharing confidential info. Third your a douche bag.
How did you determine the value of the shares? Guess?