Keith Bliss, sr. vice president at Cuttone & Company, based on the floor of the New York Stock Exchange, analyzes Monday's trending stocks including Broadcom (AVGO) , Qualcomm (QCOM) , Sprint (S) , T-Mobile (TMUS) and Snap (SNAP) .

"I think your going to see more merger activity in the chipmaker [space]," said Bliss. "It was only a short time ago where the PC was the focal point for everything that we did in our computing culture and now everything we do is on a 6-inch device."

Qualcomm designs chips for Apple (AAPL) products.

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