Get started

Chipstocks

QCOM Finding Support @ $130 levelQCOM Current Price $131.40 Price Target $165 Qualcomm is set to take a significant chunk of the 5G chip market that was dominated in the past by Huawei which is currently banned in the US & UK. 19x PE (FWD) & a 2% dividend is very attractive given the growth potential QCOM has. Recently the whole Chip sector has pulled back amid a shortage that will boost the sector for at least the next two years. This pull back is a buying opportunity for QCOM as nothing has changed for the company besides reporting a good quarter that beat expectations.
NASDAQ:QCOMLong
by Value-Invest
QCOM - $165 PRICE TARGET QCOM - Current Price $130.48 Price Target $165 
Qualcomm is set to benefit greatly not just from the chip shortage but the unexpected drop in supply of chips used for cellphones and handsets.Qualcomm’s Snapdragon 888, its new high-end chip with a 5G modem for Android phones. The newer chip which came out in Dec 2020 supports many types of 5G networks, the chip improved graphics rendering and improved artificial intelligence capabilities for things like facial and image recognition. Their 5G chip couldn’t come at a better time as tensions between the rest of the world and china continue, companies outside of China have started to avoid buying from Huawei. Back in 2019 Trump banned Huawei products in the US, and in July of 2020 the UK banned Huawei and their 5G chips and even said the companies existing equipment in the country will be removed by 2027. This is the perfect time to buy a trusted US chip maker that has a unique ability to steal significant market share in the 5G chip market. Great Value @ under 20x PE, 1.9% dividend!
NASDAQ:QCOMLong
by Value-Invest
AMD short-term correction setup, long-term BULL caseAMD (Advanced Microdevices) has been on a tear, and for many good reasons. Still, note the short-term correction and whether all its current growth potential has already been priced in. AMD gained strong profitability in 2016 and beyond posting strong and accelerating results with the success of its Ryzen processors. AMD's ability to both produce and deliver more quickly than the industry Goliath Intel has had many rushing into this stock. Most interesting was the recent rotation of traders from Intel into AMD (though one would think not to bet against Intel, based on all history). In this chart, we started with the Weekly pulling back the curtain on historical support and resistance trends. We then analyzed the impulse started end of 2015 / beginning of 2016 which coincides with the company's strong product releases and profitability. In recent times, the company has been accelerating its success, now proving a strong contender against the traditional leader Intel, and further the acceleration of digital transformation due to the 2020 pandemic. Note the end of this major first wave of the impulse. The stock may retest its high around $93, but we'd expect that it's more likely to see a correction towards $60 in the short term, though given the strength of this asset it would be unlikely to get all the way there. Still, one could set some buy ladders and try and get lucky with buy orders just above $60 and $50. In the mid- to longer-term we expect this stock to break it's ATH and search for what could be a larger 3rd wave to the upside as tech innovation further accelerates worldwide. Disclaimer: I am not a professional. Analysis is my thoughts and for my own education and revelations on trade setups. I am more than open to feedback or being pointed to resources that can improve my analysis. Thank you!
NASDAQ:AMD
by Shadowfigure
1