There is nothing better than buying a company that you wished you could have had cheaper... at the cheaper price. I'll admit, that while I've made some serious money making short-term, earnings/event driven trades on Qualcomm (QCOM), I have - deep down - wanted to own a substantial, long-term position.
Qualcomm recently raised its dividend from $1.00/share annually, to $1.40/share, which comes out to a pretty solid 40% increase. Understand that while Qualcomm's major growth business is chip, the company's earnings generator is from patent licensing. Every time a 3G or 4G enabled device is sold, Qualcomm gets a 3-4% cut of the selling price of said device.
Source: Seeking Alpha
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