| For six years straight, Morgan Stanley’s Ehud Gelblum has reigned supreme; the All-America Research Team Hall of Famer also leads the roster in Data Networking & Wireline Equipment. Clients say Gelblum is “a man of strong opinions” who is “fully able and willing to defend his views.” The 43-year-old has been consistently overweight on Qualcomm since launching coverage in January 2010, at $46.11, on the belief that continued expansion of Android-based smartphone use would drive demand for the San Diego developer’s integrated circuits and related components. The stock rang up a gain of 33.3 percent, to $61.46, and beat the broad market by 9.5 percentage points, through August 2012. Gelblum remains bullish. “Between Qualcomm’s winning the baseband slot in the iPhone 4S in the fall of 2011 and simultaneously announcing its new S4 chips that would begin shipping this summer, Qualcomm appears to be taking a sizable lead in the mobile phone chip market,” he says. Notes one supporter: “Ehud’s reports are more thoughtful and include better analysis than the typical reports from other sell-side analysts.” |
Technology, Media & Telecommunications – Telecom Equipment/Wireless: First
October 16, 2012
