In the latest trading session, Qualcomm (QCOM) closed at $139.31, marking a -0.41% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.57%. On the other hand, the Dow registered a gain of 0.46%, and the technology-centric Nasdaq increased by 0.75%.The the stock of chipmaker has risen by 2.35% in the past month, leading the Computer and Technology sector's gain of 1.51% and undershooting the S&P 500's gain of 3.4%.The investment community will be paying close attention ...

After a busy day, you log into your computer and see that another dividend payment landed in your portfolio. It’s a nice feeling that dividend investors can’t get enough of. They frequently reinvest dividends and contribute to their portfolios each month. Some dividend investors have detailed spreadsheets that show how many dividends they received each month. Any way you look at it, it’s a smart move for investors to pursue dividend stocks for long-term income and growth.Dividend investing is a realistic st ...

QUALCOMM Incorporated (QCOM) unveiled the Snapdragon XR2+ Gen2 chip platform engineered to support next-generation use cases in mixed reality (MR) and virtual reality (VR) applications. Key players in the Android ecosystem, Google and Samsung, are planning to integrate the advanced chipset into their products for best-in-class XR experience. This cutting-edge Qualcomm chip is poised to rival Apple’s forthcoming Vision Pro in the augmented reality space.The platform incorporates high-end MR and VR technology ...

In the latest trading session, Qualcomm (QCOM) closed at $136.17, marking a -1.04% move from the previous day. This change lagged the S&P 500's 0.34% loss on the day. On the other hand, the Dow registered a gain of 0.03%, and the technology-centric Nasdaq decreased by 0.56%.Prior to today's trading, shares of the chipmaker had gained 5.88% over the past month. This has outpaced the Computer and Technology sector's gain of 1.27% and the S&P 500's gain of 2.56% in that time.The upcoming earnings release of Qu ...

About this content About Andrew Kessel Andrew is a financial journalist with experience covering public companies in a wide breadth of industries, including tech, medicine, cryptocurrency, mining and retail. In addition to Proactive, he has been published in a Financial Times-owned newsletter covering broker-dealer firms and in the Columbia Misourian newspaper as the lead reporter focused on higher education. He got his start with an internship at Rolling Stone magazine.  Read more About the publisher Pr ...

Core Viewpoint - Analyst recommendations, particularly for Qualcomm (QCOM), are influential but may not always align with retail investors' interests, necessitating a more comprehensive analysis approach [1][3][5]. Brokerage Recommendation Trends for QCOM - Qualcomm has an average brokerage recommendation (ABR) of 1.75, indicating a consensus between Strong Buy and Buy, based on 24 brokerage firms [1]. - Out of the 24 recommendations, 16 are Strong Buy, accounting for 66.7% of the total [1]. - Studies suggest that brokerage recommendations have limited success in guiding investors towards stocks with the highest price increase potential [2]. Analyst Bias and Its Implications - Brokerage analysts often exhibit a positive bias due to their firms' vested interests, leading to a disproportionate number of favorable ratings compared to negative ones [2][5]. - This misalignment can misguide investors regarding future stock price movements [3][5]. Zacks Rank as an Alternative Tool - Zacks Rank, a proprietary stock rating tool, categorizes stocks from 1 (Strong Buy) to 5 (Strong Sell) and is based on earnings estimate revisions, which correlate strongly with near-term stock price movements [3][5]. - The Zacks Rank is distinct from ABR, as it is a quantitative model rather than solely based on brokerage recommendations [4][5]. Current Earnings Estimates for Qualcomm - The Zacks Consensus Estimate for Qualcomm's earnings has increased by 0.1% over the past month to $9.11, reflecting analysts' growing optimism [7]. - This positive sentiment has contributed to a Zacks Rank of 2 (Buy) for Qualcomm, indicating potential for stock price appreciation [7].

Chip stocks were all the rage in 2023 amid artificial intelligence (AI) advancements. While the sector still looks promising, there's one name in particular investors may want to avoid in early 2024. More specifically, Qualcomm Inc (NASDAQ:QCOM) has historically underperformed in January, and seems to be sticking to this trend so far today, last seen down 1.6% at $137.99.Per data from Schaeffer's Senior Quantitative Analyst Rocky White, QCOM averaged a January loss of 3.3% over the past 10 years, and finish ...

G0d4ather I first recommended Qualcomm (NASDAQ:QCOM) in March 2023, citing that Autos and IoT, its two other main stays would make up for the loss of revenue from Apple's (AAPL) iPhone business. I subsequently followed up with an article on the auto-tech industry, focusing on Qualcomm, Nvidia (NVDA), and Mobileye's (MBLY) massive auto pipelines to gain tremendously from the digitization of the car. The stock has moved up 32% this year to date, handily beating the index, and 15% since I recommended it. I bel ...

QUALCOMM Incorporated (NASDAQ:QCOM) Deutsche Bank AutoTech Conference November 9, 2023 1:30 PM ET Company Participants Nakul Duggal - SVP & General Manager, Automotive & Cloud Computing Mauricio Lopez-Hodoyan - VP, IR Conference Call Participants Ross Seymore - Deutsche Bank Ross Seymore Right. Good morning and good afternoon to everyone. I'm Ross Seymore, the U.S. semiconductor analyst here at Deutsche Bank. Welcome to the 8th Annual Deutsche Bank AutoTech Conference. We're very pleased to have our next d ...

Fourth Quarter and Fiscal 2023 Earnings Note Regarding Forward-Looking Statements In addition to historical information, this document and the conference call that it accompanies contain forward-looking statements that are inherently subject to risks and uncertainties, including but not limited to: statements regarding our growth and diversification opportunities, including those in Automotive, IoT and the artificial intelligence (AI) space; our business, product and technology strategies, including our div ...