My personal approach has evolved into concentrating on fundamentals, especially since once upon a time I tried timing, trading, using my knowledge of how the economy moves (which is not too shabby BTW), etc. in trying to pick entry and exit points and all that good stuff. Decided I was not smart enough for that stuff. So I just tried to figure out where (which technologies) seemed to be coming on strong and pick leaders in them. Qualcomm is the clearest case I have ever found. There is no, repeat no, reason I can see why the Q's fundamentals will not continue to improve over time. Again, what that means re: stock price, I don't have a clue. But in my long life I learned that it is better to go with the trend. The trend is with Qualcomm.
um, with a few minor exceptions--my knowledge of how the economy moves is pretty shabby, I know some but not a vast amount about wireless issues, and my life isn't quite as long--all I can say is...
MEGADITTOES!
all I would add is this--QCOM's performance over the last 18 months ain't so bad at all given what's happened to the rest of the Naz (see chart), and the time to feel comfortable is not after a frothy rise but before--that is, when the fundamentals are solid and improving but haven't yet been reflected in the stock. This will be a story traced out in quarters and years, not weeks or months, but unless we're all completely cracked, it should be a damn good yarn...
siliconinvestor.com
tekboy/Ares@patienceisavirtue.com |
