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QUALCOMM Incorporated (QCOM $171.57)
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Pinetree Capital Ltd. (PNP $12.00)
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ASML Holding N.V. (ASML $1,038.79)
Q: PNP, I bought this stock a while back and I'm not sure why ? Getting old , I guess. Down 40%. Just get rid of it ? I also have ASML and QCOM and have done very well with these two in the past , but now down 24% with both of them .What say you , hold or sell ?
5i Research Answer:
We think PNP is decent enough for a small cap. It is well-managed and is essentially a mini ETF holding positions in small companies. The stock price ramped up very hard earlier this year and needed to settle down. We think it is a decent buy today. But it is a 'buy and forget' type of name and we would have patience. We would consider QCOM a HOLD, it is priced well and offers some income. ASML looks fine to us but it is a Netherlands company and we do not follow it too closely. But it is growing nicely and is financially very strong.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in QCOM, ASML.