www.fool.com/investing/2020/09/28/...rren-buffett-would-love/
"....Given its potential, he might want a similar stake in Qualcomm. Qualcomm is the only major producer of a chipset needed to provide 5G service. Though this has led to charges that it's a monopoly, Qualcomm managed to get the ruling overturned. It has also repelled challenges from Apple and Intel in both the courts and the marketplace.
A 5G upgrade cycle will likely begin with the next iPhone release, and Grand View Research forecasts a compound annual growth rate of 63.4% for 5G chipsets. Unless and until a competitor emerges, that benefit will primarily accrue to Qualcomm. Although Qualcomm stock has moved higher in recent months, it sells for less than 19 times forward earnings. Moreover, analysts forecast more than 63% earnings growth next year, a prediction in line with Grand View's forecast.
Additionally, Qualcomm has also become a dividend growth stock. It introduced payouts in 2003, and dividends have risen in most years since that time. The current annual payout of $2.60 per share yields about 2.3%.
Assuming 5G chipset growth comes close to meeting expectations, new investors could see gains in Qualcomm that could make the Oracle of Omaha envious."