CMP: $61

QUALCOMM, Inc . manufactures digital wireless communications equipment. The Company licenses its code division multiple access (CDMA) and orthogonal frequency division multiplexing access intellectual property to other companies, and produces CDMA-based integrated circuits, and produces equipment and software used to track workers and assets, and software for wireless content enablement.

Qualcomm is a $103 Billion market cap company, trading at a P/E of 17. Revenues have risen from $11 Billion to $19 Billion in the last 2 years. Profits have risen from $3.24 Billion to $6.11 Billion in the last 2 years. Profit margins have improved from 29% to 32% in the last 2 years. With minimal long term debt, its a great bet for long term.