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S&P 500
5,699.94
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-0.17%
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US TECH 100
19,261.20
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-0.09%
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Dow Jones
42,011.59
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77.50
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Longtrader783

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Longtrader783

Re: None

Sunday, 03/07/2010 6:51:11 PM

Sunday, March 07, 2010 6:51:11 PM

Post# of 38530
Buy Qualcomm (QCOM)

(Pick Made 3/7 3pm)--This company trades at an inexpensive multiple given its expected growth rate and just announced a share buyback and dividend increase. On the charts, the stock recently dropped on heavy volume and got very close to its March of 2009 low. Somewhat of a double bottom may have been formed. I think this stock trades back to $42
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