The last three times that this stock of chips has been traded here, it has climbed by almost 50%.

Only one chip maker is negative for the year: Qualcomm.

"If he can see a positive follow-up, he might not get the same kind of rebound from 40 to 50% of previous years, but he should gain a lot of momentum and see a much bigger rebound than that." that people are looking for. " for, "added

The street has an average price target of $ 63.41 on Qualcomm, according to FactSet estimates. This represents an increase of 20% from current levels of approximately $ 52 per share.

S & P Global's portfolio manager, Erin Gibbs, said that the stock price could not reach 50%, but that this stock offers some value to a buy-and-hold investor.

"Qualcomm is actually pretty good," Gibbs told "Trading Nation" on Thursday. "We think it's a great value, and we believe that the fact that 5G is definitely the next generation and that Qualcomm is well established is one of the best things in the industry. semi-finished products. "

Qualcomm is trading at nearly 13 times the expected profit, below the SMH ETF's multiple of 15.

"I do not necessarily know if it's going to be a 50% jump right now or if it's going to take a long time, but it sounds like one of your safest bets in the semi-product industry," added Gibbs.

Disclosure: S & P Global holds Qualcomm in its portfolios.