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significantly. >> talk about a stock that's rallied significantly, as well, qualcomm. josh made a bearish call on qualcomm based on technical and legal issues. >> it's the worst of the chip stocks and most of them look pretty bad. technically this thing is off a cliff and the market for smartphones is just really, really saturated. plus they're tied up with, like, legal issues with lg. like what else to add to the pile? if you're a value investor, an activist, this is still a prime candidate. >> i'm glad you brought that up. i think our boy fancies himself a value player add third degree to his portfolio, didn't he? >> good news, jimmy. even more value. >> up 17% since then. it was a good value play. >> no. not really. this stock is still going lower. i'm still right. lydia, thank you. a chance to update people why they shouldn't be in it. >> you can tell him. he's in it. >> you will be for a long time. this is a stock that put in the top in january 2014. now more than two years it's been selling off pretty much every month. i don't dislike the company. this is the stock. the stock is for
. keep your eye on it. >> qualcomm by 10%. >> we liked it all the way down where it's 40. 13 times earning. still a stock for the long time. >> coming up, the latest in the bottle for top trader. our rookie is making his first move in the halftime portfolio competition. his strategy next. ♪ here at td ameritrade, they work hard. wow, that was random. random? no. it's all about understanding patterns. like the mail guy at 3:12pm every day or jerry getting dumped every third tuesday. jerry: every third tuesday. we have pattern recognition technology on any chart plus over 300 customizable studies to help you anticipate potential price movement. there's no way to predict that. td ameritrade. >>> we were talking about that downgrade of nordstrom. the analyst rick snyder to which he said where has he been since $70 a share. he responded rick snyder did tell people to sell the stock when it was at 70. he was just at another shop. so he is new at miller tabak but the call is not. >> makes sense. i still think it's -- >> they watch and they responded. >> we'll see who is right. >> okay.
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