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The reviews for Qualcomm from different experts are mixed, with some seeing potential for growth and others expressing concerns about the stock's performance. The company has diversified its revenue stream and is benefiting from the demand for chips in smartphones, EV cars, and AI technology. However, there are also worries about potential overvaluation and the impact of a cyclical semiconductor market. The stock has shown momentum in the short-term, but long-term prospects are uncertain.
Has done well on fundamentals, not excessively expensive. Less of a pure AI play, so not as sensitive to moves in that area. Broader diversification. Trades at 60-70% of the valuation of AVGO.
Down last Friday, because it's more of a cell phone play, when cell phones are weak. Shares are not expensive, though. Prefers AMD and others.
Has caught his eye, as it's just starting to move up on the short-term. Three positives: pretty big price action today, one of his complex technical indicators says Buy, and rising RSI compared to the S&P. If we can get above $146, that will usher in some air space to around $195-200. Short-term and long-term both look good. He'd buy today.
They will benefit from the next iPhone cycle that is coming in the next 12 months. QCOM makes their chips. Secondly, they will supply more EV cars with chips. Third, same goes with gen-AI.
Earnings expectations coming down, has recently sold shares. Better options for investors in semi-conductor sector.
He bought and sold this too early. QCOM has too much hype around it.
Chart indicating momentum upwards. Would recommend chasing the trend. Very good business. Recent breakout is sustainable. Good time to ride the "trend".
Reasonable multiple of 15x earnings. Problems with handset growth, affecting all participants, but it's a cycle. Will do very well coming out of it. Generative AI will be the next boon to handsets. Growing in automotive and internet of things.
Barring a sharp contraction in the global economy, the more cyclical semis should perform well going forward including QCOM.
Handsets are bottoming, so they will be back up again. Same goes with internet of things and autos. QCOM is a cheap stock and up only 18% this year.
Just bought it as barbell position. For every AMD position, he wants to match it with a Qualcomm.
End market has been in a downdraft. Chart tends to be volatile, very cyclical. Semiconductor stocks are trades, not long-term holds. AAPL eventually wants to bring chips in-house, an overhang.
Share price flat.
Flat revenues accounting for slow share price growth.
Chip supply to automotive industry expected to lift earnings.
Will continue to hold shares.
Overall trend of demand for chips expected to be good for the business.
Qualcomm is a American stock, trading under the symbol QCOM-Q on the NASDAQ (QCOM). It is usually referred to as NASDAQ:QCOM or QCOM-Q
In the last year, 31 stock analysts published opinions about QCOM-Q. 19 analysts recommended to BUY the stock. 9 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Qualcomm.
Qualcomm was recommended as a Top Pick by on . Read the latest stock experts ratings for Qualcomm.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
31 stock analysts on Stockchase covered Qualcomm In the last year. It is a trending stock that is worth watching.
On 2024-03-18, Qualcomm (QCOM-Q) stock closed at a price of $166.89.
Great chart. Consolidated over the latter half of 2022 and most of 2023. Broken out. Overbought, without question, as its move in the last couple of months has been so sharp. Pullback highly likely. OK to buy as long as doesn't break "neckline" around $130, the old resistance point.