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'Halftime Report' Traders Discuss Taiwan Semiconductor And Qualcomm

'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