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The Ultimate Top Drone Stocks List for Sky-High Returns (25+ Stocks)Tech leads Monday rallyEarnings winners and losers, markets driftThis summary was created by AI, based on 28 opinions in the last 12 months.
Experts have mixed opinions about Qualcomm (QCOM-Q) with some highlighting its dominance in phone chips and potential for growth in EV and AI, while others express concerns about declining phone sales, overbought stock, and competition from Apple. The stock has seen consolidation and a recent breakout, but there are warnings about a potential pullback. Overall, the company is seen as strong fundamentally and undervalued, with potential for growth in the long-term.
The whole mobile network works on Qualcomm technology. It has a connection to AI since it owns patents for robotic cars to talk to each other, although this is 5 to 10 years away. It became an AI play last fall. He still holds a core position.
It has stunk the previous two years, but broken out and will continue to rally. Their chips are powering MSFT's tablets, and there's more to come.
Has just added more shares and owned this while, despite shares lagging in recent weeks. It's well-positioned considering Apple. Also, it pays nearly a 2% dividend. Will buy more if this pulls back.
Pretty fully priced, he took profit. He deploys profits into other names with decent runways. To determine if fully priced, he reviews the published analysts' price targets and does his own.
Like Nvidia, though growth and volatility are a little less. Their deal with Microsoft of putting chips into PCs is great. And Apple extended their partnership by a year. Grows at 15% at a good 20x PE.
(Analysts’ price target is $198.15)Last week, MSFT announced they will put Qualcomm chips in their tablets which was powerful news. So, the forward PE has risen to 18x, high for the company, and so are price targets but deserved
None of the chip companies should be considered a long-term hold. Very cyclical sector. Great space, but be selective. This name has diversification to offset some of that risk, with good exposure to AI.
They dominate chips for phones, but phone sales were declining post-pandemic and everyone's got 5G. Also, Apple was talking about building its own chip, but eventually didn't. Shares have run up, but he targets $180. Trades at 16x PE and pays a 2.5% dividend. QCOM is also specializes in assisted driving systems.
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.
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.
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, 28 stock analysts published opinions about QCOM-Q. 18 analysts recommended to BUY the stock. 6 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.
28 stock analysts on Stockchase covered Qualcomm In the last year. It is a trending stock that is worth watching.
On 2024-07-26, Qualcomm (QCOM-Q) stock closed at a price of $180.08.
She prefers QCOM as a long-term hold. 9/10 on fundamentals. Small pullback presents a great entry point, still upside. Has participated in the chip rally. Wait for more of a pullback, as the broadening across other sectors will continue to bring up the market.