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.