This 5G Stock Is Already Up 12.5% in a Month – Here’s Why It Could Double from Here

Since I recommended Qualcomm, Inc. (NASDAQ: QCOM) back in May, the stock is up 12.5% – from $80 to $90 per share.

Since I recommended Qualcomm, Inc. (NASDAQ: QCOM) to Junkie members back in May, the stock is up 12.5% – from $80 to $90 per share.

EDITOR'S NOTE: Non-members: sign up here for that report. Members, click here.

Today, the company sits at a $100 billion market cap. And it’s just getting started…

Shares could conservatively double within the next 24 months because it’s in the best position to grab significant share of multiple 5G markets.

In case you’re unfamiliar, Qualcomm has been one of the top companies to profit off the smartphone boom since the early 2000s. The company built some of the first 3G and 4G mobile networks and smartphone chips.

And now it’s one of the leading companies building 5G networks and 5G phone chips. Here’s why that could lead to a doubling of the stock by 2022…

5G Will Be Insanely Profitable for Qualcomm

The smartphone industry has matured greatly since the early 2000s when Qualcomm was building 3G networks and semiconductors.

But phone sales have slowed considerably in recent years without the next huge innovation in the space…

Consumers have been holding on to their 4G smartphones longer because there’s not as much of a reason to upgrade (other than getting a higher quality camera).

Once the 5G network is available nearly everywhere in the next 12 months, I expect QCOM’s annual net income to jump from $4.4 billion to $7-$9 billion by fiscal 2021. That’s because Qualcomm 5G chips will be in just about every Android smartphone.

Assuming the company maintains a reasonable P/E ratio of 25, that means the stock should trade between $175 and $225 per share.

Therefore, my price target for QCOM by 2022 is $200 per share – which would represent a 122% price appreciation from its current $90 valuation.

What to Do with Your Qualcomm Stock

If you bought QCOM when I recommended it back in May, hold on to your shares.

Once you’re up 100%, feel free to take half of your profits off the table.

Add to your position on any significant pullback of 10% or more.

Remember, Qualcomm is one of the driving forces pushing the 5G industry forward.

Without this company, 5G may never get off the ground and reach its full potential.

EV Play No One's Talking About

This company is a sneaky EV play that no one’s talking about. They’re producing the “oil” of electric vehicles and could hand big returns to the first movers.

Enter your email address to receive this company’s name and ticker symbol for free.


Free Bonus E-Book: The Second Wave Why popular tech stocks could be in store for a 92% meltdown and the #1 investment billionaires are turning to now... from Morning Bullets. Privacy Policy

By submitting your email address, you give Stock Market Junkie permission to 1. deliver the report or research you're requesting to your email inbox, 2. send free ongoing updates via our independent financial email newsletter, and 3. share carefully selected marketing offers for product and services we think will interest you. Your privacy and security are paramount to us. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

$30 Stock Freaking Out Billionaires

This stock is an industry leader in a robotics technology that is freaking out billionaires (trading for just $30).

Enter your email address to receive this company’s name and ticker symbol for free.


Free Bonus E-Book: The Second Wave Why popular tech stocks could be in store for a 92% meltdown and the #1 investment billionaires are turning to now... from Morning Bullets. Privacy Policy

By submitting your email address, you give Stock Market Junkie permission to 1. deliver the report or research you're requesting to your email inbox, 2. send free ongoing updates via our independent financial email newsletter, and 3. share carefully selected marketing offers for product and services we think will interest you. Your privacy and security are paramount to us. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

The Best TaaS Stock Right Now

This company is set to corner the market in a self-driving technology that  could fundamentally change our entire society – much like the internet did.

Enter your email address to receive this company’s name and ticker symbol for free.


Free Bonus E-Book: The Second Wave Why popular tech stocks could be in store for a 92% meltdown and the #1 investment billionaires are turning to now... from Morning Bullets. Privacy Policy

By submitting your email address, you give Stock Market Junkie permission to 1. deliver the report or research you're requesting to your email inbox, 2. send free ongoing updates via our independent financial email newsletter, and 3. share carefully selected marketing offers for product and services we think will interest you. Your privacy and security are paramount to us. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

Up to 20,000 IPOs All in One Day

A radical $2.1 quadrillion shift is coming to the financial markets.

Some are calling it G.T.E. and Mark Cuban, Elon Musk, Richard Branson, and even banks like J.P. Morgan are invested in the tech behind it.

Just $25 could get you in alongside these billionaires. 

Enter your email address to receive the video that reveals it all.


Free Bonus E-Book: The Second Wave Why popular tech stocks could be in store for a 92% meltdown and the #1 investment billionaires are turning to now... from Morning Bullets. Privacy Policy

By submitting your email address, you give Stock Market Junkie permission to 1. deliver the report or research you're requesting to your email inbox, 2. send free ongoing updates via our independent financial email newsletter, and 3. share carefully selected marketing offers for product and services we think will interest you. Your privacy and security are paramount to us. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

$2 Biotech Stock

Steve Cohen, the billionaire stock picker known for running one of the most successful hedge funds ever, has poured millions into the first stock, and it’s trading for only $2.

Enter your email address to receive this company’s name and ticker symbol for free.


Free Bonus E-Book: The Second Wave Why popular tech stocks could be in store for a 92% meltdown and the #1 investment billionaires are turning to now... from Morning Bullets. Privacy Policy

By submitting your email address, you give Stock Market Junkie permission to 1. deliver the report or research you're requesting to your email inbox, 2. send free ongoing updates via our independent financial email newsletter, and 3. share carefully selected marketing offers for product and services we think will interest you. Your privacy and security are paramount to us. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works