Other countries will pile on. It might reach 52 week low. These tend to go to extremes. Not a bad price but not bad entry point at PE of 14. Buy half strategy. The uncertainty is earnings. Cell phones growth has slowed since everyone has one and there is nothing new coming into cell phones to cause upgrade cycle.
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Dream on.
QTL is in deep doo doo.
@nzz - QCOM is well-equipped to prevail against Apple in court. If anything, Apple should be sued as they were the ones that strongarmed QCOM into giving them license rebates and then broke the deal by giving Intel a part of its business.
Apple is the threat, not Trump.
Apple is going to crush the QTL model.
@ijk - Nothing will happen under the Trump regime. They will only give QCOM a slap in the wrist. Move along, nothing to see here.
QTL business model is at risk.
Tread carefully
Already sold all my INTC and bought QCOM at bargain prices.