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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?


To: chowder who wrote (7155)7/31/2024 6:50:26 PM
From: cemanuel1 Recommendation

Recommended By
chowder

  Respond to of 21904
 
Re: QCOM ...

Oh wow! What a turn around. From +10% to in the red, all in after hours.


AH today is odd. I don't own QCOM but do own LRCX. It beat and its next quarter forecast is above projections - but it's down by about 2%.

With QCOM the only thing I can think is that after going up over 8% today the market decided the ER wasn't 8% good. But I can never figure after hours out anyway.



To: chowder who wrote (7155)7/31/2024 9:53:47 PM
From: mykesc20203 Recommendations

Recommended By
cemanuel
dan1944
Waitress

  Respond to of 21904
 
"RE QCOM: If others wish to keep it, I wouldn't make a case against it."

I keep it. It's a hold for me. Bought 2015-2017, CB $50, yield was +4% at the time. Lot of capital appreciation. It just sits in the portfolio doing its thing. As long was the dividend growth remains as it has been last three years (6%, 7%, 10%) I will keep it.

I do basket it tho --along with AAPL and others in a basket I call <2% yield basket. I didnt buy any of the basket at <2% so they all got there by price appreciation.

I look at it like if I ever need more income, I can swap those out for something. If I want to pay off the house, I could sell that basket and not feel any pain income wise. I see it almost like an another cash stash, next to my inner & outer EFs. Not much income come from it so it would be easy to flip if the need ever arose.

I am buy, hold and monitor, so if there is no fire, I dont mess with things.