Investors might want to bet on Qualcomm (QCOM) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Individua ...

Core Insights - Qualcomm expects its internet of things business to exceed $22 billion in sales by 2029, more than quadrupling its current figures [1] - The company aims to diversify its revenue streams beyond smartphones, with significant growth anticipated in automotive and industrial sectors [2][3] Group 1: Internet of Things and Revenue Forecast - Qualcomm's internet of things business is projected to reach around $22 billion by 2029, with $4 billion expected from PC chips [1] - Additional revenue sources include $4 billion from industrial chips, $2 billion from XR headset chips, and $4 billion from other chip sales [3] Group 2: Automotive and Handset Business - Automotive revenues are forecasted to rise approximately 175% to $8 billion by 2029, with 80% of this tied to secured contracts [2] - In fiscal 2024, Qualcomm's handset business generated $24.86 billion, accounting for about 75% of its total chip business [2] Group 3: Market Performance and Risks - Qualcomm shares have increased by 16% this year, lagging behind the Nasdaq's 26% gain [4] - The company has indicated potential risks from Apple possibly ceasing to purchase Qualcomm parts by 2027, but believes that growth in other areas will compensate for this loss [5]

It's been a while since I updated my opinion on Qualcomm ( QCOM ). The last article I wrote on the company was in July of 2023. My argument at the time was itI'm a full time value investor and writer who enjoys using classical value ratios to pick my portfolio. Long-term focused on low P/B, P/FCF, Owner Earnings discounting, PEG ratios, the Graham Number and an occasional net-net hunter. I also believe tracking earnings growth versus price appreciation is an essential element to any quality evaluation.I adv ...

Group 1 - Qualcomm's performance has been relatively muted despite beating earnings and revenue expectations, indicating a potential accumulation opportunity for long-term investors [1] - The company is strategically positioned to capitalize on explosive growth in automotive, IoT, and AI sectors [1] - The investment style focuses on GARP/Value stocks, emphasizing high-quality, reasonably priced businesses with strong moats and significant growth potential [1] Group 2 - The long-term investment approach aims for wealth accumulation through compounding over a period of 5-7 years while emphasizing downside protection [1]

I'm specialized in fundamental equity research, global macro strategy, and top-down portfolio construction. I graduated from UCLA with a degree of Business Economics and UMich Ross School of Business with a Master of Accounting. I'm a senior analyst at a multi-strategy hedge fund. In my opinion, HODL can't generate significant alpha or maintain a high Sharpe ratio over the long run. Seeking Alpha requires active management and minimizing opportunity costs. Investors should understand seeking a high positive ...

AI could become a multitrillion-dollar industry. There are still high-quality stocks with compelling risk-reward upside potential. Here are three of them.The stock market has ridden the excitement for artificial intelligence (AI) to new heights. It's not all hype; according to McKinsey, AI could add as much as $13 trillion to the global economy by 2030. Sure, some stocks have risen faster than others, so perhaps some stocks have gotten too expensive.However, there are still top-notch AI stocks worth buying ...

Core Viewpoint - The growing demand for generative AI smartphones is expected to significantly boost Qualcomm's performance in 2025, despite its recent underperformance in the semiconductor sector [1][2]. Financial Performance - Qualcomm's fiscal fourth-quarter 2024 results showed a revenue increase of 18% year over year to $10.2 billion, with adjusted earnings rising 33% to $2.69 per share, surpassing analysts' expectations [4]. - The company provided better-than-expected guidance for fiscal 2025 Q1, forecasting earnings of $2.95 per share on revenue of $10.9 billion, exceeding analysts' estimates [5]. Market Position and Growth Potential - Qualcomm is a dominant player in the smartphone chip market, benefiting from the production ramp of Apple's iPhone 16 models, which utilize Qualcomm's Snapdragon X75 modem [7]. - Samsung is expected to launch its Galaxy S25 series, likely powered entirely by Qualcomm's processors, enhancing Qualcomm's sales prospects [9]. - The generative AI smartphone market is projected to grow at an annual rate of 78% through 2028, with Qualcomm positioned to capture over 50% of this market [11][13]. Competitive Landscape - Qualcomm has been gaining market share from MediaTek, which is expected to hold only a 13% share of the generative AI smartphone market, while Qualcomm is projected to secure more than 50% [13]. Valuation and Investment Outlook - Analysts have raised earnings expectations for Qualcomm for fiscal 2025 and 2026, suggesting a potential stock price increase to $336, nearly double the current price [15]. - The current forward earnings multiple of 15 indicates a solid discount on Qualcomm's stock, making it an attractive investment opportunity [16].

Qualcomm (QCOM -1.83%) is one of the lesser-known AI stocks that investors should not neglect. *Stock prices used were the afternoon prices of Nov. 11, 2024. The video was published on Nov. 13, 2024. ...

Indicators point to considerable gains for these three tech names.Even if an investor starts from a relatively large base, achieving a $1 million net worth in the stock market is a challenging feat. If one finds a stock on track for massive gains in a shorter period, like a year, forecasting such growth and sustaining it over a long period of time is quite another matter.Fortunately, the market offers innovative stocks set to benefit from such trends. Admittedly, the market offers no guarantees, but given t ...

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