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OldAIMGuy

05/11/17 10:25 AM

#42015 RE: SFSecurity #42010

Hi Allen, QCOM and Bear Markets...........

Please let all of us know when that next bear market is scheduled!

It's sometimes good to check other companies in the same business sector (like in Value Line) to see if the soggy prices are across several companies or specific to QCOM. For instance, Telecomm Equipment is ranked #44 out of 97 industries in Timeliness. Ranking hasn't changed for the sector recently, but some of the companies have been upgraded in individual Timeliness.

On the first page of that business sector, it will give you the average P/E of those companies. Value Line also lists the "Relative P/E", comparing the individual company to the sector's average P/E. Currently QCOM, for instance, is ranked as 0.63 in Relative P/E. That means that its P/E is only 63% of the average in that group. That's pretty good.

That industry group was updated 3/17/17 so it won't be updated again until June. QCOM has a pretty good 52 Week Hi/Low range which AIM likes. The 4% dividend is a bonus while awaiting some AIM trading profits. Financial Strength is shown to be A++. If you do have to buy into price softness, you'll be moving cash with very low yield into QCOM with better and better yield (assuming the dividend isn't cut). Average down in price/share and average up in dividend yield.

Hope this helps.........