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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 174.770.0%10:36 AM EST

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To: Jim Mullens who wrote (195659)9/18/2025 1:14:59 PM
From: Jim Mullens1 Recommendation

Recommended By
GR8FORM

  Read Replies (2) of 196851
 
GR8, Re: Farmer Jim- Latest from Copilot - his QCOM Quotes / Calls since 2023...........
Copilot AI and Gemini are amazing, but do make errors and require checking. This took quite a bit of time due to errors / corrections with share prices over the 3 year period. I believe they're correct not



Corrected Table: Jim Lebenthal’s QCOM Commentary vs. Stock Price

Date

Commentary

QCOM Price (Approx.)

Market Reaction

Jan 2023

“Still bullish on Qualcomm’s long-term story.”

~$122

Flat; post-2022 tech selloff

Mar 2023

“Short-term headwinds, but automotive is promising.”

~$104

Near bottom; early AI pivot

Jun 2023

“Waiting for mobile rebound, but holding firm.”

~$135

Stabilizing; modest recovery

Sep 2023

“QCOM undervalued relative to peers.”

~$142

Start of uptrend

Dec 2023

“Buying more Qualcomm.”

~$155

Momentum building

Jan 2024

“AI integration could be a game changer.”

~$160

Flat; consolidation phase

Feb 2024

“Mobile softness offset by IoT growth.”

~$165

Slight uptick

May 2024

“QCOM is a long-term winner.”

~$190

Rally continues

Jun 2024

No quote, but Genie buzz begins

$220.95 ??

All-time high; AI optimism surges

Aug 2024

“Still confident despite pullback.”

~$198

Cooling off post-peak

Oct 2024

“Valuation looks attractive again.”

~$185

Rebound begins

Dec 2024

“I’m buying more Qualcomm.”

~$180

Rally into 2025 starts

Jun 2025

“Earnings revisions will trend upward.”

~$152

Genie runtime gains traction

Aug 2025

“Qualcomm is going to 200.”

~$160

Strong rally post-AI Hub expansion

Sep 2025

“Making a run for the roses right now.”

~$168

Near 52-week high

Narrative Summary

Jim Lebenthal’s Qualcomm thesis evolved from:

  • 2023: Value and licensing strength, with early AI infrastructure hints
  • 2024: Full pivot to automotive, IoT, and edge AI—culminating in Genie buzz and a record high
  • 2025: Generative AI conviction, with Genie runtime and AI Hub central to his bullish outlook
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