$Qualcomm(QCOM)$ It seems like there's no greater manipulation in the market than what's happening with Qualcomm. Pretty amazing how they're trying to hold back its rise. ARM, a company with no real product to speak of, announces a chip partnership and the stock jumps 100% to trade at a 267 P/E. Qualcomm's earnings news was far stronger. The auto profit alone covers the Apple loss, and that segment is growing. It's an advanced semiconductor company with incredible underlying value. Its technology touches everything. This isn't a commodity business. Walmart is a commodity business, and it trades at a 40 P/E.
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