I recently sold my shares of QCOM because of the pissing match between it and Apple, and more recently Broadcom. I just feel that the share price is somewhat unstable, so why not take a profit.
With Broadcom trying to take over QCOM's board, I'm stuck wondering if they will ever increase their offer of $70 per share. Insert Microsoft's and Google's concern about the Broadcom-QCOM deal and who knows where this is going.
Over the 7 months I owned QCOM, the share price has appreciated about 22%. Counting the three dividend payments I received, my investment has returned 26% ($1,378.94 / $5,332.95).