$Qualcomm(QCOM)$ would you trim if you have $Qualcomm(QCOM)$ ? At the current QCOM price around $202, I would trim modestly rather than exit, especially after the sharp move from the $160–180 area. QCOM jumped about 9.3% on Sept. 21 and closed at $201.97 on Sept. 25. Why I’d trim some 1. The recent rally has caught up with near-term valuation. QCOM is now around 23× trailing earnings / ~20× forward earnings. The current analyst consensus target is about $204, essentially around the market price. 2. The fundamental picture is mixed. The latest quarter showed: * Revenue $9.95B, -4% YoY * Handset revenue -20% * Automotive revenue +61% * Q4 adjusted EPS guidance $2.05–$2.25, below the then-consensu
$Qualcomm(QCOM)$ I have been trimming $Qualcomm(QCOM)$ lately. Is the company lagging behind? Yes — QCOM has been lagging, especially compared with AMD, NVDA and some other AI/semiconductor names. But the important question is why it’s lagging. As of the latest close, QCOM was around $177.72, versus a 52-week high of about $259.92. Its 2026 YTD return was only about +5.5%, compared with roughly +11.8% for the S&P 500. Why QCOM has lagged 1. Smartphone weakness / Apple modem transition This remains the biggest near-term issue. Qualcomm is still heavily exposed to handsets, while Apple is increasingly using its own modem technology. Memory/supply constraints have also pressured the handset ma
$Apple(AAPL)$ would you buy more $Apple(AAPL)$ ? Yes — I would keep AAPL for the long term, but I’m less enthusiastic about adding aggressively at current levels than I am about $Meta Platforms, Inc.(META)$ or some of the semiconductor. Apple’s fundamentals are actually quite strong right now. Its fiscal Q3 2026 revenue was $109.4B, up 16% YoY, with EPS up 29%, and iPhone, Mac and Services all hitting June-quarter records. 🍎 My AAPL outlook Long-term rating: 8/10 — HOLD / ACCUMULATE on pullbacks The interesting thing now is that Apple has several potential catalysts: * iPhone 18 cycle — early demand appears strong. * First foldable iPh
$Meta Platforms, Inc.(META)$ I had bought and sold $Meta Platforms, Inc.(META)$ in a few occasions. I’m bullish on Meta Platforms (META) over the next 12–24 months, but I would expect significant volatility. At around $617, META looks considerably more attractive than it did near its ~$796 high. Why I like META 1. The core advertising business is still very strong. Q2 2026 revenue reached $60.8B, up 28% YoY. Ad impressions increased 14% and average ad price increased 12%—a very healthy combination. 2. AI is already improving the advertising engine. This is important: Meta isn’t simply spending billions hoping AI eventually pays off. Its AI recommendation and advertising systems are improv
$Adobe(ADBE)$$Adobe(ADBE)$ coming back strong. What's going on? I think Adobe (NASDAQ: ADBE) is becoming a buy again, but I would not chase it aggressively at US$293. Buy, but preferably on weakness Adobe has had a remarkable rebound: it was around $190–205 earlier this year and is now around $293. That means some of the easy recovery has already happened. The interesting part is that the business fundamentals are considerably better than the stock’s recent reputation suggests: * Q2 FY2026 revenue reached a record $6.62B, up roughly 13%. * Adobe raised FY2026 revenue guidance to $26.5–26.6B. * AI-first ARR exceeded $500M, reportedly tripling YoY. * Creative and Marketing subscription rev
$Torm PLC(TRMD)$ I hold this stock mainly for dividend, not for growth. Decided to cut some to take profit for now. I did some analysis. TORM is a major product-tanker operator, transporting refined products such as diesel, gasoline and jet fuel. Its earnings are highly sensitive to tanker freight rates. 🟢 What’s attractive 1. 2026 has started very strongly Q1 2026: * TCE revenue: $286M, +34% YoY * EBITDA: $201M, +48% * Net profit: $122M, +94% * EPS: $1.21 * TCE rate: $34,937/day, versus $26,807 a year earlier. That’s a very strong operating environment. 2. The dividend is a major attraction TORM paid $0.70/share for Q1, representing a 58% payout ratio. At roughly $32/share, even a $0.70 quarterly dividend would represent an annualised yield of ab
$SanDisk Corp.(SNDK)$ Will it hit over $2000 soon again? The latest move is largely driven by its Aug. 13 Investor Day, where management gave a much more bullish long-term outlook. What triggered the latest SNDK surge? –2030 — a major change in how investors view SanDisk.* Mid-to-high teens annual revenue growth through FY2028–2030 — a major change in how investors view SanDisk. * ~80% gross margin and ~75% operating margin targeted for FY2028–2030. That’s extremely bullish for a NAND company. * $93.9B of New Business Model (NBM) agreements with eight customers, including three large U.S. hyperscalers. These multi-year agreements make NAND demand much more predictable and reduce the traditional boom/bust nature of the memory business. * AI data-ce
$Taiwan Semiconductor Manufacturing(TSM)$ TSM can go substantially higher, but at around US$420, I would no longer call it cheap. The interesting question is whether TSMC’s earnings growth can continue to outrun the valuation. My TSM price targets Current analyst consensus is about US$537, with estimates ranging from $430 to $700. Why $600+ is realistic The fundamentals are unusually strong. TSMC’s Q2 2026 revenue reached about US$40.2B, up 36% YoY, while net income jumped roughly 78%. HPC represented 66% of revenue, showing how strongly AI demand is flowing through TSMC. Analyst estimates currently have 2026 revenue around NT$5.4T (+42%) and EPS around NT$106.65 (+61%). Next year’s EPS is estimated around NT$136.48. That’s the key: TSM is no
$Alphabet(GOOG)$ GOOGL valuation — August 2026 for a company with Google’s earnings power. The current P/E is around 17.8×. At around US$354, Alphabet’s valuation is surprisingly reasonable for a company with Google’s earnings power. The current P/E is around 17.8×. AI capex, rather than deterioration in Google’s core business. Alphabet has increased its 2026 capital-spending expectations to around US$195–205B, which has raised concerns about free cash flow. More importantly, the recent sell-off is largely about massive AI capex, rather than deterioration in Google’s core business. Alphabet has increased its 2026 capital-spending expectations to around US$195–205B, which has raised concerns about free cash flow. Why Google? 1. Search is stil