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Strategies & Market Trends : Fundamental Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (2659)	1/13/2013 11:27:45 PM
From: The Ox	Respond to of 4720

I love the fundies on QCOM. They target $100/share at some point in the next 2 years. Very possible that number will be hit in 2013, imo. As I stated in the last post, it's very hard to see into 2014 right now....global cross-currents and all. I think the analysts are very stingy targeting 11% revenue growth in FY14. IF (or as) this expands, then there is plenty of room for QCOM to run. Similar to JOY, the recent run has been nice but it wouldn't surprise me in the least if it takes a breather soon. At the same time, or should I say "in the same breath", it has been very strong and could start running to new highs during this move up!