Qualcomm Moderated Thread - please read rules before posting Message Board

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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 173.20

-3.3%

Nov 6 3:59 PM EST

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JeffreyHF

temco2

To: engineer who wrote (171101)	1/24/2022 4:59:24 PM
From: Jim Mullens	2 Recommendations of 196543

Engineer, re: QCOM repurchase buying..................................................... do you think that Q started buying shares at the bottom? Would make sense. Relatively speaking, QCOM with a forward PE of ~15X is a heck of a value play. And, mgmt has been very bullish of late promoting the company /stock. . Just short of double avg volume today, with a big spike at the close. At this level would be a good time to support the price. IMO. But who knows how low the market can go, with ETFs / Indexes sinking all ships on the way down. With also NVDA's turnaround, looks like many buyers came back into the market as a whole.

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