With summer tech earnings here, Fool tech analyst Eric Bleeker's favorite stock to watch has been Qualcomm, a company well off its recent highs. However, Qualcomm gets licensing income from every iPhone, so the company will surely profit from iPhone growth in China and the new iPhone 5. He thinks it looks like a solid bet in the long run.
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The article Eric's Summer Tech Stock originally appeared on Fool.com.
Eric Bleeker has no positions in the stocks mentioned above. Jeremy Phillips has no positions in the stocks mentioned above. The Motley Fool owns shares of Apple and Qualcomm. Motley Fool newsletter services recommend Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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