I own some tech
SHOP--crazy stupidly overvalued--never sell
NVDA--overvalued--never sell
CSCO--fairly valued to overvalued--never sell
AAPL--fairly valued to undervalued--never sell
AMZN--fairly valued--never sell
QCOM--fairly valued to overvalued, maybe undervalued--never sell
If I had to pick any of these to put additional monies right now it would be AAPL and or AMZN.
5G wireless/5G broadband is going to be a growth factor for CSCO and QCOM, it will move slow then imho in about 5 years we'll be waist to neck deep in it, all for the better. Between this new tech/network upgrade and QCOM's legal issues I think these two stocks (CSCO and QCOM) are a little harder to evaluate. Probably can't go wrong buying these two at current prices but I'd be willing to wait due to the fact Wall Street gets impatient and or if the market gets choppy again in the near future.
Every time I read about Qcom I always think about this guy who retired from I believe NYNEX now VZ--he took a buyout package worth about 300 to 400k in the late 90's....he told his financial guy to buy 100% Qcom stock--financial adviser said horrible mistake--the recent retiree said all I know is I work in the network and I see this Qcom EVERYWHERE it's got to make money! It sure was a fairy tale his initial investment grew in the millions, sold out but kept about 2 or 3 million in Qcom stock--talk about a lucky guy!
I read about it in Money Magazine way back when....
Ha...went back and read my own post and I tend to forget how quickly time passes by--this guy if still alive is probably in his late 70's to early 80's now!
SHOP--crazy stupidly overvalued--never sell
NVDA--overvalued--never sell
CSCO--fairly valued to overvalued--never sell
AAPL--fairly valued to undervalued--never sell
AMZN--fairly valued--never sell
QCOM--fairly valued to overvalued, maybe undervalued--never sell
If I had to pick any of these to put additional monies right now it would be AAPL and or AMZN.
5G wireless/5G broadband is going to be a growth factor for CSCO and QCOM, it will move slow then imho in about 5 years we'll be waist to neck deep in it, all for the better. Between this new tech/network upgrade and QCOM's legal issues I think these two stocks (CSCO and QCOM) are a little harder to evaluate. Probably can't go wrong buying these two at current prices but I'd be willing to wait due to the fact Wall Street gets impatient and or if the market gets choppy again in the near future.
Every time I read about Qcom I always think about this guy who retired from I believe NYNEX now VZ--he took a buyout package worth about 300 to 400k in the late 90's....he told his financial guy to buy 100% Qcom stock--financial adviser said horrible mistake--the recent retiree said all I know is I work in the network and I see this Qcom EVERYWHERE it's got to make money! It sure was a fairy tale his initial investment grew in the millions, sold out but kept about 2 or 3 million in Qcom stock--talk about a lucky guy!
I read about it in Money Magazine way back when....
Ha...went back and read my own post and I tend to forget how quickly time passes by--this guy if still alive is probably in his late 70's to early 80's now!