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'Halftime Report' Traders Discuss Taiwan Semiconductor And Qualcomm

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'Halftime Report' Traders Discuss Taiwan Semiconductor And Qualcomm

On CNBC's "Fast Money Halftime Report," Jenny Harrington said that Taiwan Semiconductor Mfg. Co. Ltd. (NYSE: TSM) is her long-term holding, but she decided to take some profits. She thinks it's currently a little expensive.

Jon Najarian owns calls in Taiwan Semiconductor and he's sticking with the position. He has also decided to take some profits by rolling his calls up to the $75 strike. Additionally, he's planning to sell calls at $80 level or at a higher strike if the stock continues to trade like this.

Jason Snipe owns QUALCOMM Incorporated (NASDAQ: QCOM) because he likes its 5G story. He thinks it's well-positioned for future growth.

Harrington also owns Qualcomm. She likes its dividend yield and she is looking at the position from a long-term perspective, waiting for the 5G story to develop.

 

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Posted-In: CNBC Fast Money Halftime Report Jason Snipe Jenny Harrington Jon NajarianOptions Markets Media