$QCOM - 02/08/18 - Possibly hits the 161.8$ at $82
Possibly hits the 161.8% at $82, there's a buyout coming at $82, options are cheap as well.
This is a SAFE play and highly undervalued here.
NEWS:
The company revealed today partnerships with 18 global original equipment manufacturers (OEMs) that will be launching 5G-ready devices in 2019. A total of 18 worldwide cellular carriers will be completing tests of Qualcomm 5G radios in 2018.
5G is the follow-up iteration to the current 4G cellular technology in most of the world's smartphones. It will improve the speed of connectivity, lower latency and transform markets from self-driving cars to industrial automation. And it can do all of this while lowering the load on carrier networks, giving all users a noticeable increase in performance and usability.